The Central Bureau of Investigation (CBI) on Saturday conducted searches at five locations in Delhi and Madhya Pradesh in connection with the Rs 938 crore loan fraud in the State Bank of India (SBI).
The searches were being carried out in Madhya Pradesh's Morena and the office premises of KS Oils Ltd on Delhi's Barakhamba Road, as also of its Managing Director and promoters.
A senior CBI official here said that the searches were conducted at four locations in Morena including the residential and official premises of Managing Director Ramesh Chand Garg and promoter Saurabh Garg.
The official said the