In massive crackdown on fraud, CBI searches 169 places across India


November 6 2019

Amid its ongoing probes into several high-profile cases of bank frauds, the Central Bureau of Investigation (CBI) on Tuesday launched a massive crackdown at 169 places across India with alleged links to cases of financial crimes worth a total of7,200 crore.

The agency’s crackdown comes against the backdrop of its current probes against several financial and white-collar crimes, including the Punjab National Bank (PNB) fraud and the ICICI Bank probe. Those questioned include top industry bankers.