New Delhi, May 16, 2014: The Central Bureau of Investigation has registered three separate cases on the basis of complaint from UCO Bank, Zonal Office, Kolkata against Directors of three private companies based at Mumbai and unknown officials of UCO Bank u/s 120-B r/w. 420, 465, 468, 471 of IPC and Sec. 13(2) r/w 13(1)(d) of P.C. Act, 1988 relating to an alleged fraud perpetrated on UCO Bank, Flagship Corporate Branch, Kolkata through the borrowal accounts of said private companies of Mumbai.
A loss of around Rs.101.37 crores; Rs.126.63 crore and Rs. 68.25 crore was caused to UCO Bank.
Searches have been conducted at 19 places including 13 places in Mumbai; 3 places in Silvassa and one place each at Delhi, Chandigarh & Indore.
Date:
Friday, May 16, 2014