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regular-article-logo Tuesday, 05 March 2024

CBI files FIR, searches 13 locations over Rs 820 crore IMPS transactions in UCO Bank

During the searches, electronic evidence, including mobile phones, laptops, computer systems, email archives and debit/credit cards, were recovered, says official

PTI New Delhi Published 05.12.23, 06:03 PM
Representational picture.

Representational picture. File picture

The CBI has registered an FIR in connection with Rs 820 crore worth of suspicious IMPS transactions in UCO Bank in November this year and searched 13 locations in multiple cities, officials said on Tuesday.

The search operation, which continued till late night Monday, also covered Calcutta and Mangalore, they said.

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The CBI action came following the FIR that was registered on a complaint from UCO Bank against two support engineers working with the bank and other unknown persons. It alleged suspicious Immediate Payment Service (IMPS) transactions amounting to approximately Rs. 820 crore, the agency spokesperson said in a statement.

During the searches, electronic evidence, including mobile phones, laptops, computer systems, email archives and debit/credit cards, were recovered, he said.

"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. PTI ABS http://ptinews.com/images/pti.jpg “We bring the World to you" Disclaimer : This e-mail message may contain proprietary, confidential or legally privileged information for the sole use of the person or entity to whom this message was originally addressed. Please delete this e-mail, if it is not meant for you.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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