Explorer

CBI Action Against Banking Frauds Worth Rs 640 Cr In 18 Cities; All You Need To Know

The CBI on Tuesday launched a 'special drive' against alleged bank fraudsters across the country registering 14 separate cases involving Rs 640 crore of siphoned funds.

New Delhi: The CBI on Tuesday launched a 'special drive' against alleged bank fraudsters across the country registering 14 separate cases involving Rs 640 crore of siphoned funds and carrying out coordinated searches at 50 locations in 18 cities across the country, officials said. The agency teams swooped down at different locations in 12 states across the country in a coordinated action against the promoters and directors of the companies made accused in the cases, they said. The searches are being conducted in Delhi, Mumbai, Ludhiana, Thane, Valsad, Pune, Palani, Gaya, Gurugram, Chandigarh, Bhopal, Surat and Kolar among others, they said. The companies facing action include Mumbai-based Winsome group linked to absconding diamond merchant Jatin Mehta and Tayal group's Eskay Knit, Delhi-based Naftogaz and SL Consumer Products Limited and Punjab-based International Mega Food Park Ltd and Supreme Tex Mart, they said. The amount involved in these banking scams is around Rs 640 crore, they said. "In a countrywide action relating to bank fraud scams/cases, CBI is conducting a special drive today and has begun searches at more than 50 places in 18 different cities in around 12 states/union territories," a senior official said. "A total of 14 cases have been registered against the accused including various companies/ firms, their promoters/directors and bank officials," the official added. The search operation is still on, they said.
View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Israel Confirms It Killed Hamas Leader Haniyeh In Iran
Israel Confirms It Killed Hamas Leader Haniyeh In Iran
Delhi Confirms Receiving Diplomatic Note From Dhaka Over Ex-PM Sheikh Hasina's Extradition
Delhi Confirms Receiving Diplomatic Note From Dhaka Over Ex-PM Sheikh Hasina's Extradition
Legendary Filmmaker Shyam Benegal Passes Away At 90
Legendary Filmmaker Shyam Benegal Passes Away At 90
Massive Traffic Jam In Manali As People Rush To Hills To Celebrate White Christmas: Video
Massive Traffic Jam In Manali As People Rush To Hills To Celebrate White Christmas
Advertisement
ABP Premium

Videos

Sambhal News: Two New Corridors Found in Ancient Stepwell Excavation in ChandausiLucknow Police Encounters Robbers, Arrests Trio Involved in Bank Heist, One InjuredSambhal Stepwell Excavation: Truth to be Revealed, Major Discoveries Await - ABP NewsProtests Outside Allu Arjun's House Over 'Pushpa 2' Stampede Incident, Accused Granted Bail

Photo Gallery

Embed widget