CBI raids 8 locations in Bengal in bank fraud cases
National 18 Jun, 2026

CBI raids 8 locations in Bengal in bank fraud cases

Business To Business, Kolkata, 18th June, 2026:  The Central Bureau of Investigation (CBI) has conducted searches at eight locations across West Bengal in connection with three separate bank fraud cases involving an alleged cumulative loss of ₹191 crore to Punjab National Bank (PNB).
Companies under investigation
The CBI registered cases against:

  • Tantia Construction Ltd. — alleged loss of ₹73 crore
  • Brahm Alloys Ltd — alleged loss of ₹58 crore
  • Amrit Feeds Ltd — alleged loss of ₹60 crore
Together, the alleged losses amount to ₹191 crore.
Search operations
According to officials:
  • Searches were carried out at eight locations in West Bengal.
  • The raids targeted the residential premises of directors and other persons associated with the companies under investigation.
  • The action followed the formal registration of cases by the CBI.
Investigators are examining allegations that the companies caused wrongful losses to Punjab National Bank through suspected irregularities in credit facilities and banking transactions.
In such cases, agencies typically scrutinize:
  • Loan sanction and utilization records.
  • Financial statements and accounting documents.
  • Fund flows and related-party transactions.
  • Compliance with banking norms and lending conditions.
The material seized during the searches will be examined as part of the ongoing investigation. The CBI is expected to determine whether criminal misconduct, fraud, conspiracy, diversion of funds, or other offences were involved.
At this stage, the searches form part of the investigation process, and the allegations remain subject to further inquiry and legal proceedings. The agency may undertake additional searches, questioning of company officials, and forensic examination of financial records as the cases progress.

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