New Delhi: The Central Bureau of Investigation (CBI) on Wednesday carried out searches at four locations, including the residence of a Principal Director in the Comptroller and Auditor General of India (CAG) after registering a case against her for allegedly diverting funds of the Coffee Board in Bengaluru during her posting there.
Sharada Subramaniam, an Indian Audit and Accounts Service official, allegedly diverted Rs. 16.2 crore of the Coffee Board into mutual fund causing a loss of Rs. 53.3 lakh to the organisation and corresponding gain to herself during her posting as its Director, the CBI has alleged in the FIR.
