New Delhi, April 14 (PTI) The CBI has booked former UCO Bank CMD Arun Kaul and others for allegedly cheating the bank to the tune of Rs 621 crore, officials said today.Also Read - Farah Khan Tests Positive For Coronavirus Despite Being Double Vaccinated, Says 'I Didn't Put My Kaala Teeka'
The agency is carrying out searches at 10 locations– eight of them in Delhi and two in Mumbai — in this connection, they said. Also Read - Maharashtra Rains Highlights: PM Modi Speaks to Uddhav Thackeray, Assures All Possible Support From Centre
It was alleged that the accused persons in pursuance of criminal conspiracy defrauded the UCO Bank to the tune of Rs. 621 crore (approx)by diversion and siphoning of the bank loans, they said Besides Kaul, others booked by the CBI are Era Engineering Infra India Ltd. (M/s EEIL), its CMD Hem Singh Bharana; two chartered accountants — Pankaj Jain and Vandna Sharda –, Pawan Bansal of M/s Altius Finserve Pvt. Ltd., and other unidentified persons, they said. Also Read - Icius Tukarami: New Spider Species Named After 26/11 Martyr Who Caught Ajmal Kasab
This is published unedited from the PTI feed.