Visakhapatnam, Aug. 21 -- The Central Bureau of Investigation (CBI) has registered a case against a Vijayawada-based private company, its four directors and unidentified public servants and private persons over an alleged Rs 24.81 crore fraud involving Union Bank of India.

The case was registered on Tuesday (August 18) at the CBI's Anti-Corruption Branch (ACB) in Visakhapatnam on a complaint filed by an Assistant General Manager of Union Bank's Vijayawada Zonal Office.

The accused include M/s Omkara Vijayalakshmi Strips Pvt Ltd and its directors Kota Bhanu Prasad, Kota Sravani, Kota Prudvi Venkata Teja and Kota Rahul Sai Balaji. Unknown public servants and private persons have also been named in the FIR.

According to the FIR, the compa...