Registering 35 cases related to bank fraud pan India, CBI conducts searches at 169 places in 15 states

News Bharati    05-Nov-2019
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New Delhi, November 05: Registering around 35 cases related to bank fraud pan India, the Central Bureau of Investigation has moved up conducting searches at around 169 places across the country.

 
 
The states that stand under the CBI lenses include Andhra Pradesh, Chandigarh, Delhi, Gujarat, Haryana, Karnataka, Kerala, MP, Maharashtra, Punjab, Tamil Nadu, Telangana, UP, Uttarakhand, Dadra and Nagar Haveli. However the total amount of the bank frauds registered is more than Rs 7000 crores.
 
"More details are awaited as the search operation is underway and may be expanded during the day", one of the news agencies reported. This being one of the significant search operation by the agency in a year, a similar operation was carried out in the month of July where the agency had targeted 110 locations in 19 states in connection to the fresh cases related to alleged corruption, arms smuggling and criminal misconduct.
 
The CBI is the premier investigating agency of India which is operated under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions. Originally set up to investigate bribery and governmental corruption, in 1965 it received expanded jurisdiction to investigate breaches of central laws enforceable by the Centre, multi-state organised crime, multi-agency or international cases. The agency has been known to investigate several economic crimes, special crimes, cases of corruption and other high-profile cases.