12 states, 48 searches! CBI exposes bank fraud registering cases worth Rs 1000 crores

New Delhi, July 3: In an offset of a special drive in connection with banking scams across the country, the Central Bureau of Investigation yesterday conducted searches at around 48 places in 12 states and union territories, registering 14 cases amounting to more than thousand crore on complaints.

 

The cases being registered against various private companies, the CBI has confined their Promoters and Directors and unknown public servants. “14 cases have been registered related to these scams which amount to more than thousand crores on the complaints of several banks including EXIM Bank, State Bank of India and Union Bank of India among others”, said CBI in its statement.

 

The places however, where searches were conducted include, Delhi, Mumbai, Ludhiana, Thane, Welsad, Pune, Palani, Gaya, Gurugram, Chandigarh, Bhopal, Surat, Kollar, Silvasa, Aligarh, Fazilka, Muktsar and Bhawanigarh.

 

Listing the cases, the CBI said that it acted upon a complaint by the Export Import Bank of India alleging bank fraud by Winsome Diamonds and Jewellery Ltd, leading to a loss of ₹202 crore. Taking this into account, the CBI now has 16 cases registered against Winsome and its promoters.

 

Claiming this to be a special countrywide drive relating to bank frauds, the CBI added that a case against Eskay K’N’It (India) Ltd has also been filed after a complaint was lodged by Bank of India, alleging wrongful loss of ₹91.36 crore.

 

Cases against promoters and representatives of Aegan Batteries (₹98.75 crore), Ramnandi Hotel and Resorts Ltd (₹131.79 crore), Nefto Gas India Private Ltd (₹93 crore), SL Consumer Products Ltd (₹55 crore), Samprash Foods Private Ltd (₹60 crore), International Megha Food Park Ltd (₹40.17 crore), Ranjeet Automobiles (₹ 34 crore), Jalpa Textiles Private Ltd (₹28 crore), Supamed Trading Private Ltd (₹57 crore), Asuti Trading Private Ltd (₹50 crore) and others have also been filed.