New Delhi: CBI on Saturday carried out searches at the residence of former BCCI president A C Muthaiah after registering a case of alleged bank fraud of Rs 274 crore against him and three Directors of his First Leasing Company of India.

A CBI spokesperson said a case has been registered under IPC sections related to criminal conspiracy, cheating and forgery among others against Muthaiah, the then Chairman, First Leasing Company of India Ltd, the company, the then Managing Director Farouk Irani, the then senior vice president S Dilli Raj, the then CFO L Shivaramakrishnana, and two Chennai-based chartered accountancy firms Sarathy and Balu, and M K Dandeker and Company.