The Central agency refused to give further details as the search operations are still going on.
The CBI is conducting searches in 169 locations across the country in connection with 35 bank fraud cases, which were registered by it and involve funds of over ₹7,000 crore, officials said on Tuesday.
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, Central Bank of India, Union Bank of India, IDBI Bank, Bank of Baroda, Bank of Maharashtra, Bank of India, and Punjab and Sind Bank, they said.
The officials said after registering the 35 fraud cases in the public sector banks, the agency’s officials swooped down at 169 locations in several cities this morning.
Among the alleged frauds being probed by the agency are SEL Manufacturing in Bank of Maharashtra worth ₹113.55 crore, Advance Surfactants in SBI worth ₹118.49 crore, Eskay Knit worth ₹42.16 crore in Dena Bank (now Bank of Baroda), Krishna Knitwear Technology worth over ₹27 crore in Canara Bank, they said.
The agency has booked directors and promoters of these companies in separate cases of alleged banking frauds.
The searches are going on in Delhi, Gurgaon, Chandigarh, Ludhiana, Dehradun, Noida, Baramati, Mumbai, Thane, Silvassa, Kalyan, Amritsar, Faridabad, Bengaluru, Tirupur, Chennai, Madurai, Quilon, Cochin, Bhavnagar, Surat, Ahmedabad, Kanpur, Ghaziabad, Bhopal, Varanasi, Chandauli, Bhatinda, Gurdaspur, Morena, Kolkata, Patna, Krishna and Hyderabad, they said.
The agency refused to give further details as the search operations are still going on.