NEW DELHI: The CBI has searched three locations here after booking Jay Polykem Limited in a Rs 1,800 crore bank fraud case at State Bank of India, officials said.
1,800.72 crore to the bank-led consortium.
He said Ernst and Young’s methodological audits showed the diversion and siphoning of bank funds, hypothetical transactions, counterfeits, etc., which led to the FIR.
“A search is being conducted in the premises of the lender company and other accused in three places in Delhi today,” CBI spokesman RK Gaur said.


Similar Posts