CBI conducts searches against Reliance Telecom, ex-directors in SBI fraud case
New Delhi: The CBI has conducted searches at the residences of two former directors of Reliance Telecom and the company office after registering an FIR against them in connection with an alleged fraud of ₹114.98 crore in State Bank of India, officials said on Thursday.
“The Central Bureau of Investigation (CBI) has registered a case against M/s. Reliance Telecom Ltd., Sh. Satish Seth (then Director), Sh. Gautam B Doshi (then Director), unknown public servants and unknown others for offences of conspiracy, cheating under IPC and criminal misconduct and abuse of official position under the Prevention of Corruption Act, 1988,” a CBI spokesperson said in a statement here.
