CBI conducts Big Raid in West Bengal in connection with Fraud in UCO Bank

The Central Bureau of Investigation (CBI) on Thursday conducted raids at several locations in West Bengal in connection with a Rs 7.5 crore fraud case in UCO Bank. CBI had taken over the case on the basis of a complaint from the bank.

The operations primarily targeted the New Alipore and New Town areas. In New Alipore, five teams from the agency focused on a fifth-floor residence within a prominent multi-storeyed complex at Plot No. 28. The CBI was accompanied by paramilitary forces.

The case was officially registered by the CBI in 2023 following a complaint from the bank. The fraud case is related to a loan taken from the bank in 2016.

More details will be released soon.