Bank of Baroda, BoB today said the bulk of funds involved in alleged 6,100 crore rupees black money remittance case have been routed through proper banking channels involving over 30 banks. BoB executive director B B Joshi said bulk of the fund came from over 30 banks either by RTGS or NEFT and 90 per cent of amount has come from various banks. Mr Joshi said the investigation will lead to money trail and clear the air as to whether it was black money or not. He further said the Rs 6,100 crore remittance amount being mentioned is exaggerated and the actual amount involved should be much less than that. Last week, CBI and the Enforcement Directorate started investigation on the matter. It is alleged that 6,172 crore rupees black money was remitted from Bank of Baroda to Hong Kong camouflaged as payments for non-existent imports like cashew, pulses and rice. The branch opened 59 current accounts during the period May 2014 to June, 2016.