Updated…Special drive of raids by CBI against bank fraud
New Delhi, July.02 (HS): 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. As per CBI officials, fourteen cases have been registered against the accused including various companies, firms, their promoters, directors and bank officials.
They further added that searches being conducted in various cities including Delhi, Mumbai, Ludhiana, Thane, Valsad, Pune, Palani, Gaya, Gurgaon, Chandigarh, Bhopal, Surat, Kolar. Amount involved in these cases is approx Rs.640 crore. According to reports reaching from Gaya (Bihar) scamasters have taken a huge amount of loan from different public sector banks and did not return it.
As per reports received till filing of this report, companies against which raids are being conducted includes Supreme Text Mart of Ludhiana, Vinmas of Mumbai, Nafo Gaz India Ltd, SL Consumer Products Ltd of Delhi and International Mega Food of Punjab.
