CBI has conducted searches at ten locations in the office and residential premises of certain persons at Delhi, NCR and other places in an on-going investigation of a case relating to alleged violation of banking norms in overseas remittance of foreign exchange. <br/><br/>It was found during investigation that around eight thousand and FIVE hundered foreign remittances transactions were made from 59 Bank Accounts of various firms and companies against import of goods and software from Hong Kong and Dubai. A press release of the CBI said, the investigation revealed further involvement of around 11 private persons and entities. <br/><br/>During searches, cash of 40 Lakh rupees, Rubber Stamps of about 44 different companies, 15 PAN Cards and various incriminating documents including pen-drives and hard discs connected to the case were recovered. In addition, foreign currencies of China, US, Europe, UAE, Nigeria, Hong Kong and Sri Lanka were also found during searches.<br/><br/>The documents recovered are being scrutinized. A case was registered by the CBI on 9th of October last year under Prevention of Corruption Act against 59 current account holders and unknown bank officials and private persons on a complaint from Bank of Baroda.