CBI crackdown on Union Textile Minister Shankarsinh Vaghela. CBI raids Vaghela's residence as well. The CBI has registered an FIR against former Union Textile Minister Shankarsinh Vaghela and six others including the then Chairman-cum-Managing Director of National Textile Corporation for sale of prime property in Mumbai allegedly at “throwaway prices” to a private company. The CBI sources said FIR has been registered against Mr. Vaghela, former NTC CMD Ramachandran Pillai, and others for allegedly causing a Rs 709 crore loss to the exchequer through the sale of NTC land in Parel.

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