The CBI has registered a case against some officials of the Central Bank of India and the president of a Technical Education Society for causing a loss of over 58 crore rupees to the bank.<br/><br/>The case has been registered against former Assistant General Manager A G Sawant and then Senior Manager Vidyadhar Pednekar of the bank, Pune and others under charges of criminal conspiracy, cheating and corruption. <br/><br/>According to the CBI, it is alleged that the Pune-based Education Society had availed loans for building a dental college on the basis of fake documents and the bank officials allegedly recommended the loan without following the due procedure.<br/><br/>The CBI also conducted searches at the residential premises of the Bank Officers at Mumbai and Nasik and office and residential premises of other accused at Pune.