New Delhi, April 14 (UNI) The Central Bureau of Investigation (CBI) has carried out extensive searches at 77 locations across eight States/UTs in connection with 22 newly registered FIRs related to an alleged nexus between certain builders and officials of financial institutions, resulting in the cheating and defrauding of innocent homebuyers.
The CBI has registered 22 new cases following directions from the apex court against various builders.
“These coordinated search operations, conducted across different states, are part of a nationwide crackdown. The searches have resulted in the seizure of incriminating documents, digital devices, and other materials, which are currently being examined,” said a senior CBI official.
The official added that the action aims to gather crucial evidence to unravel a larger conspiracy involving the alleged diversion of funds, financial irregularities, and fraudulent practices in the housing real estate sector.
It may be recalled that the CBI had earlier registered 28 cases against various builders in compliance with the Supreme Court’s directions, which are now in the final stages of investigation. With these, the CBI has registered a total of 50 cases so far following the Supreme Court’s directions.
“The CBI reiterates its commitment to conducting a fair, impartial, and expeditious investigation to ensure that those responsible are brought to justice and to safeguard the interests of affected homebuyers,” the official said.
UNI ATK AAB