The CBI has filed a case towards two engineers of a agency that maintains the banking app of UCO Financial institution, in reference to an alleged fraud of Rs 820 crore.
Avishek Srivastava and Supriya Mallick are the help engineers at M/s Lcode Applied sciences Pvt Ltd, an organization which maintains the cellular banking app of UCO Financial institution.
In accordance with the FIR, an alleged fraud of Rs 820 crore happened between November 10-13 final yr by altering the port variety of IMPS (Rapid Cost System).
The FIR claims 41,296 financial institution accounts had been used to siphon off Rs 820 crore by 8,53,049 transactions throughout 35 states and Union Territories in simply 72 hours.
On Thursday, the CBI conducted searches at 67 locations in seven cities of Rajasthan and Maharashtra in reference to the case.
The searches in Rajasthan and Maharashtra on Wednesday targeted on individuals who obtained the cash and withdrew it moderately than returning it to the financial institution. That is the second spherical of searches.
“Earlier in December 2023, searches had been carried out at 13 places involving personal people and UCO Financial institution officers in Kolkata and Mangalore,” PTI quoted a CBI spokesperson as saying.
With PTI inputs