New Delhi/IBNS, March 22 -- The Central Bureau of Investigation (CBI) had named Justice Yashwant Varma, whose alleged unaccounted cash was recovered from his bungalow last week, in its First Information Report (FIR) in 2018 in connection with the Simbhaoli Sugars case, media reports said.

The company was accused of transferring a huge loan taken from the Oriental Bank of Commerce to its own accounts instead of distributing among farmers for their agricultural equipment.

Simbhaoli Sugars Limited was declared as a suspected fraud for Rs. 97.85 crore by the bank.

The company was accused of misappropriation and criminal breach of trust.

Varma was named at 10 in the list of accused people in the CBI's FIR.

Varma's name was however removed...