CBI sleuths have conducted raids at several places in Madhya Pradesh in connection with an alleged scam of Rs 6-crore involving a bank official and seven private firms. The raids were conducted yesterday at the premises of a former Chief Manager of Oriental Bank of Commerce (OBC), Sneh Nagar Branch, Indore, and the directors of seven firms at Bhopal, Indore and Kurukshetra, a CBI release said today.

Several incriminating documents were seized during the raids which are being scrutinised, it said.

A case was also registered against the manager and seven firms under various sections of Prevention of Corruption Act, 1988, it said.

The seven firms against whom cases have been registered are: M/s Venkateshwar Traders, Madhav Traders, Shriram Traders, Chaudhry Grain Merchant, Shrinath Traders, Ganesh Marketing and Sanwariya Traders.

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