{
  "id": 259614,
  "title": "Supreme Court expands CBI probe into builder-bank subvention scam, brings ED into fold",
  "url": "https://urgent.news/2026/08/07/supreme-court-expands-cbi-probe-into-builder-bank-subvention-scam",
  "topic": "world",
  "section": "World",
  "published": "2026-08-07T10:14:36.000Z",
  "source": {
    "name": "Hindustan Times",
    "slug": "hindustan-times",
    "url": "https://www.hindustantimes.com/india-news/supreme-court-expands-cbi-probe-into-builder-bank-subvention-scam-brings-ed-into-fold-101786094807665.html"
  },
  "original_language": "en",
  "account": "The Supreme Court of India has expanded the Central Bureau of Investigation's (CBI) probe into a subvention scheme scam involving builders and banks, bringing the Enforcement Directorate (ED) into the investigation. The court ordered the CBI to share details of alleged proceeds of crime with the ED in the 50 criminal cases being probed. The court criticized the CBI's slow investigation pace and directed six banks to process prosecution sanctions against officials found guilty within two weeks. The court also directed the CBI to investigate additional complaints involving subvention-related allegations by home buyers of Ozone group, Rudra Buildwell, and others.",
  "summary": "The Supreme Court has expanded the probe into the subvention scheme scam involving builders and banks, bringing the Enforcement Directorate (ED) into the fold. The court directed the Central Bureau of Investigation (CBI) to share details of alleged proceeds of crime with the ED in 50 criminal cases currently being investigated. Only 18 cases have been completed by the CBI so far, and the court emphasized the need for a \"time-bound, expedient\" probe. Six banks and financial corporations have been instructed to process prosecution sanctions against officials found guilty within two weeks. The court also directed the CBI to investigate additional complaints involving subvention-related allegations and examine potential lapses in the subvention scheme. The bench criticized the CBI's slow pace of investigation and directed the agency to improve its efficiency.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Hindustan Times",
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        "url": "https://urgent.news/2026/08/07/the-deal-was-made-4-decades-ago-the-latest-appeal-just-got-over",
        "published": "2026-08-07T07:28:32.000Z"
      },
      {
        "outlet": "The Hindu",
        "title": "Supreme Court refuses to interfere with Chhattisgarh HC order on election plea against ex-CM Bhupesh Baghel",
        "url": "https://urgent.news/2026/08/07/supreme-court-refuses-to-interfere-with-chhattisgarh-hc-order-on",
        "published": "2026-08-07T07:35:00.000Z"
      },
      {
        "outlet": "ABC News (US)",
        "title": "Justice Samuel Alito confirms he's staying on the Supreme Court for another term",
        "url": "https://urgent.news/2026/08/07/justice-samuel-alito-confirms-hes-staying-on-the-supreme-court-for-313249",
        "published": "2026-08-07T21:05:21.000Z"
      },
      {
        "outlet": "Associated Press",
        "title": "Justice Samuel Alito confirms he’s staying on the Supreme Court for another term",
        "url": "https://urgent.news/2026/08/07/justice-samuel-alito-confirms-hes-staying-on-the-supreme-court-for",
        "published": "2026-08-07T21:23:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}