New Delhi, Mar 11 (Agency) Central Bureau of Investigation (CBI) registered a case against a private company based at Indore in Madhya Pradesh and others, including its Directors for allegedly cheating the bank of Rs 33.09 crore, the agency said on Friday. CBI received a complaint from Bank of India regarding bank fraud of Rs 33.09 crore.
In the complaint, it was alleged that the accused entered into a conspiracy among themselves and cheated the bank by way of siphoning/diversion of the bank funds, provided by way of CC facilities and term loan during the period 2013-14, CBI spokesperson said. On this basis, the agency filed a case and searches were conducted at 9 places located at Indore in MP, Pune and Maharashtra’s Jalna at the premises of accused including the private company which led to recovery of incriminating documents/articles.