The Central Bureau of Investigation (CBI) recovered Rs 40 lakh in cash, pen drives and rubber stamps of 44 firms during raids on 10 businessmen and firms as part of its probe into the Bank of Baroda (BoB) illegal forex remittances scam.
The scam involved sending illegal foreign remittances worth Rs 6,000 crore to Hong Kong and Dubai during 2014-15 from 59 accounts of BoB’s Ashok Vihar branch.
“The CBI conducted searches at 10 official and residential premises of certain people in the National Capital Region and other places in the BoB scam,” said a CBI spokesperson.
During the searches, 15 Permanent Account Number (PAN) cards were also recovered as part of ‘incriminating evidences’, the spokesperson said.
The agency’s teams also seized foreign currency belonging to seven nations from three of the businessmen whose premises were searched on Friday night.
“Foreign currencies of China, US, Europe, UAE, Nigeria, Hong Kong and Sri Lanka were found during searches. The documents recovered are being scrutinised,” said the spokesperson.