CBI raids 50 places across 18 cities in drive against banking fraud accused

New Delhi: The CBI Tuesday launched a special drive in connection with banking scams across the country and registered 14 cases, officials said.

The agency teams swooped down at 50 locations in 18 different cities in a coordinated action against the promoters and directors of the companies made accused in the cases in 12 states across the country, they said.

“A total of 14 cases have been registered against the accused including various companies/ firms, their promoters/directors and bank officials,” the official added.

The search operation is still on, they said.