CBI searches 13 locations in various cities in UCO Bank's Rs 820 cr IMPS transaction incident
New Delhi: The Central Bureau of Investigation (CBI) has filed an FIR related to IMPS transactions amounting to Rs 820 crore in UCO Bank in November this year.
Officials said that 13 locations in various cities, including Kolkata and Mangalore, were searched during an operation that extended until late on December 4.
The CBI's actions were prompted by an FIR filed based on a complaint from UCO Bank against two support engineers and others.
The complaint alleged suspicious Immediate Payment Service (IMPS) transactions amounting to around Rs 820 crore, the agency spokesperson said in a statement.
The CBI sleuths recovered electronic evidence, including mobile phones, laptops, computer systems, email archives, and debit/credit cards.
"It was alleged that between 10th November 2023 and 13th November 2023, IMPS inward transactions originating from 14000 account holders across seven private banks were directed to 41000 account holders within UCO Bank through the IMPS channel," he said.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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