CBI crackdown on loan defaulters; 17 FIRs involving funds of Rs 1,139 crore

NEW DELHI: In a possibly biggest synchronised action against alleged bank loan defaulters, the CBI Tuesday launched a massive crackdown by carrying out searches at over 61 locations in 18 cities after registering 17 cases involving swindling of funds to the tune of Rs 1,139 crore, officials said.
Over 300 officers drawn from various units of the agency swooped down at over 61 locations and knocked the doors of alleged defaulters on the basis of complaints received from various nationalised banks and inputs developed by the agency under close monitoring of CBI Director Rishi Kumar Shukla and senior officials in Delhi.
The figure, which stood at around Rs 640 crore, swelled to Rs 1,139 crore as the agency continued filing of FIRs during the day and expanding its search operations. (AGENCIES)