Mangaluru, Dec 06, 2023: The Central Bureau of Investigation (CBI) searched 13 locations in Karnataka, including Mangaluru in connection with an alleged Rs 820 crore scam in UCO Bank.
During the searches, the CBI also questioned bank officials as well as private individuals. CBI has also seized laptops, computer systems, debit and credit cards, mobile phones etc during the search.
The searches followed a complaint received the UCO Bank. The Central Bureau of Investigation (CBI) has registered an FIR in a case in which over 41,000 UCO Bank customers received surprise credits of varied amounts in their accounts, totaling Rs 820 crore, during November 10-13 without any corresponding debits in accounts from where the transfers originated.
The money landed in accounts of UCO Bank customers through 8.53 lakh Immediate Payment Service (IMPS) transactions originating from 14,000 account holders of private banks in three days.