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CBI searches Bank of Baroda branches for Rs 6100 Cr suspected black money transfer

PTI 10 Oct 2015, 23:51:36 IST

New Delhi : CBI today carried out searches at Bank of Baroda branches here in connection with the alleged Rs 6100 crore black money which was transferred to Hong Kong, in collusion with bank officials.

Sources said searches were carried out at the bank branches and private properties in connection with the shady remittances.

ALSO READ : Over Rs 6000 cr 'black money' sent out of the country: Congress

The unusual remittances were spotted in the audit report of the bank, the CBI sources said.

Accounts of about 60 companies opened at the Ashok Vihar branch of the bank are under scanner.

The Enforcement Directorate has also registered a case and carried out searches in this connection.