Rs 820 cr UCO IMPS deals: CBI raids 13 sites

New Delhi: The CBI carried out searches in 13 locations and registered an FIR in connection with Rs 820 crore that "mistakenly" landed in 41,000 UCO Bank account holders through IMPS in November this year, officials said on Tuesday.

The search operation, which continued till late night Monday, covered 13 premises in multiple cities, including Kolkata and Mangalore, they said. The CBI action came following the FIR that was registered on a complaint from UCO Bank against two support engineers working with the bank and other unknown persons. It alleged suspicious Immediate Payment Service (IMPS) transactions amounting to approximately Rs. 820 crore, the agency spokesperson said in a statement.