The agency is carrying out searches at 10 locations-- eight of them in
Besides Kaul, others booked by the CBI are Era Engineering Infra
The accused defrauded UCO bank to the tune of Rs 621 crore by diversion and siphoning off bank loans.
The credibility of Central Bureau of Investigation (CBI) as an impartial and effective probe agency has sunk low in Odisha as it has failed to nail the key culprits involved in the mega chit fund scam.
( Source : PTI )
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