CBI action against banking frauds across country; searches at 50 locations
New Delhi: The CBI Tuesday launched a "special drive" against alleged bank fraudsters across the country registering 14 separate cases involving Rs 640 crore of siphoned funds and carrying out coordinated searches at 50 locations in 18 cities across the country, officials said.
The agency teams swooped down at different locations in 12 states across the country in a coordinated action against the promoters and directors of the companies made accused in the cases, they said.
The searches are being conducted in Delhi, Mumbai, Ludhiana, Thane, Valsad, Pune, Palani, Gaya, Gurugram, Chandigarh, Bhopal, Surat and Kolar among others, they said.
The companies facing action include Mumbai-based Winsome group linked to absconding diamond merchant Jatin Mehta and Tayal group's Eskay Knit, Delhi-based Naftogaz and SL Consumer Products Limited and Punjab-based International Mega Food Park Ltd and Supreme Tex Mart, they said.
The amount involved in these banking scams is around Rs 640 crore, they said.
"In a countrywide action relating to bank fraud scams/cases, CBI is conducting a special drive today and has begun searches at more than 50 places in 18 different cities in around 12 states/union territories," a senior official said.
"A total of 14 cases have been registered against the accused including various companies/ firms, their promoters/directors and bank officials," the official added.
The search operation is still on, they said.
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What is Iran’s 10-point plan? Key demands ahead of US talks in Islamabad
Tehran/Islamabad: Iran has outlined a 10-point plan as the basis for upcoming talks with the United States, expected to begin in Islamabad on April 11, according to a statement from the Iranian Supreme National Security Council.
The plan lays out Tehran’s key political, military and economic demands, and is being seen as a framework for negotiations following the recent escalation in the region.
Strait of Hormuz at the centre
A major focus of the plan is the Strait of Hormuz, a critical global shipping route. Iran has proposed “controlled passage through the Strait of Hormuz in coordination with the Iranian armed forces,” which it says would give the country a unique economic and geopolitical position.
The plan also calls for the “establishment of a safe transit protocol” in the Strait that would guarantee Iran’s dominance under an agreed mechanism.
Call to end conflict
Iran has demanded “the necessity of ending the war against all elements of the axis of resistance,” signalling its expectation that hostilities should stop not only in Iran but also involving allied groups in the region.
US troop withdrawal
Another key demand is the “withdrawal of US combat forces from all bases and deployment points in the region,” indicating Tehran’s long-standing position against American military presence in West Asia.
Sanctions relief and compensation
The plan places strong emphasis on economic measures. It calls for “full payment of Iran’s damages according to estimates,” along with “the lifting of all primary and secondary sanctions and resolutions of the Board of Governors and the Security Council.”
It also seeks “the release of all Iranian assets and properties frozen abroad,” which have been a major point of contention for years.
Binding global guarantee
Finally, Iran has demanded that all these terms be formally recognised through “a binding Security Council resolution,” suggesting it wants international legal backing to ensure enforcement.
What this means
The 10-point plan reflects Iran’s broader push for security guarantees, economic relief and regional influence. The upcoming talks in Islamabad are expected to test how far both sides are willing to negotiate on these demands.
