NEW DELHI: CBI has registered a case against former Reliance Telecom directors Satish Seth and Gautam Doshi, besides some public servants, on a complaint filed by State Bank of India alleging a bank fraud of Rs 115 crore. The agency conducted searches at their residences in Mumbai in this connection. Various documents connected with the loan transactions have been recovered. The FIR has been filed under sections relating to conspiracy, cheating under IPC and criminal misconduct and abuse of official position under Prevention of Corruption Act. Reliance Telecom has also been named as an accused in the case. According to CBI, SBI was the lead banker and member of a consortium of 11 banks which had sanctioned a total of Rs 735 crore Term Loan facility to M/s. Reliance Telecom Ltd. SBI was the first bank to classify Reliance Telecom’s accounts as fraudulent and subsequently filed a complaint with CBI, based on which an FIR was registered. A 12-member CBI team also landed at the SBI office in Mumbai on Wednesday.