New Delhi, Nov 1 (UNI) The Central Bureau of Investigation (CBI) on Monday registered a case on complaint from IDBI Bank against a private company based at Mumbai and others, including its directors and unknown public servants, on allegations of cheating the Bank of Rs 63.10 crore.



The agency said in a statement here that the accused allegedly committed fraud in various credit facilities availed under the consortium of banks, letter of credit, trade credit bank guarantee, bank guarantee and cash credit limits. The account of the borrower company was classified as Non-Performing Asset (NPA) due to persistent irregularity, thereby causing an alleged loss of Rs 63.10 crore to the IDBI Bank.

Searches were conducted at nine places, including in Mumbai, Nagpur and Chhattisgarh at the premises of the accused, which led to recovery of incriminating documents, it added.

UNI CM RJ 2000