CBI searches 169 locations in connection with 35 bank fraud cases
New Delhi, Nov 05: The CBI is conducting searches in 169 locations across the country in connection with 35 bank fraud cases involving funds of over Rs 7,000 crore, officials said on Tuesday.
The searches are going on in Andhra Pradesh, Chandigarh, Delhi, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punjab, Tamil Nadu, Telengana, Uttar Pradesh, Uttarakhand as well as Dadra and Nager Haveli, they said.
The cases pertain to State Bank of India, Punjab National Bank, Andhra Bank, Oriental Bank of Commerce, Indian Overseas Bank, Allahabad Bank, Canara Bank, Dena Bank, Punjab and Sind Bank, Central Bank of India, Union Bank of India, IDBI Bank, Bank of Baroda, Bank of Maharashtra and Bank of India, they said.
This is not the first time the central probe agency has carried out such a massive search operation. It has carried out several similar searches in bank fraud cases in the last few months.
Earlier in July this year, CBI raided more than 50 locations in 50 different cities across 12 states and UTs in a countrywide action relating to bank cases.