Bhubaneswar: The CBI has seized Rs 37.90 lakh cash from the bank locker of Global Trading Solution director Koushik Mohanty.

A CBI press release issued here on Tuesday said that CBI team had seized Rs 37.90 lakh cash from the locker of Koushik Mohanty, one of the directors of Global Trading Solution, in Union Bank branch at Patia area of Bhubaneswar city.

The GTS Ltd, which was in iron ore export business, has defrauded the Punjab National Bank of Rs 32 crore. The CBI had raided the office and residences of the directors of the company last week.

After the CBI, the Enforcement Directorate has stepped and started an investigation into money trailing.