CBI carries out 'special operation' against banking fraud accused

The CBI on Tuesday (July 2) launched a special drive in connection with banking scams across the country and registered 14 cases, officials said.

The agency teams swooped down on 50 locations in 18 different cities in a coordinated action against the promoters and directors of the companies made accused in the cases in 12 states across the country, they said.

Also read: CBI carries out searches in 22 locations at West Bengal 

“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.

Also read: ED summons Dino Morea and DJ Aqeel in Sterling Biotech bank fraud case 

“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.