CBI Conducts Searches at 20 Locations Leading to Recovery of the big amount
FinTech BizNews Service
Mumbai, 2 January, 2025: As part of its zero tolerance policy to corruption and other misdemeanor, CBI has registered a case against its own Dy SP and others on the allegations of obtaining undue advantage from different individuals who were within the ambit of the investigation being conducted by him. It is alleged in the FIR that the accused public servant was utilizing the services of different middlemen for transacting the bribe money through a web of accounts and hawala channel.
Consequent to the registration of the FIR, searches have been conducted at 20 premises at Jaipur, Kolkata, Mumbai and New Delhi. The searches have led to the recovery of cash worth Rs. 55 lakh which has been routed through hawala channel, property papers showing investment of Rs. 1.78 crores approx. and book entries showing transactions worth Rs. 1.63 crores besides other incriminating documents/ articles.
The investigation is continuing.
