The Banking Security and Fraud Cell (BSFC) of the CBI, Bengaluru unit, on Saturday conducted raids at Former Union Minister and Telugu Desam Party (TDP) leader Y Sujana Chowdhary’s office premises and residence in connection to Rs 71 crore Andhra Bank fraud case.
According to sources, at least 12 CBI teams carried out raids in in Andhra Pradesh, and Hyderabad and seized incriminatory documents.
The Bengaluru unit of CBI, which is conducting a probe in a case related to Best and Crompton Engineering Projects Ltd., Chennai, suspected Sujana’s role in the fraud case.
The searches were conducted at Banjara Hills, Sagar Society and other locations in Hyderabad. The directors of the company were also grilled by CBI.
Earlier, the CBI officials summoned Sujana Chowdary for questioning. He appeared before the investigative team in Bengaluru office which questioned him.
Last year, in the month of November, the office and residences of Sujana Chowdary were raided by the Enforcement Directorate (ED) and Income Tax (IT) department officials. ED accused Chowdhary of Rs 5,700 crore scam, in which he allegedly defrauded the banks.