The Central Bureau of Investigation (CBI) on Friday conducted searches at 9 locations in Mumbai, Gwalior and Shimla at the offices of Financial Technologies of India Ltd (FTIL) and the residence of its former chairman Jignesh Shah in a case of alleged irregularities in launching the initial public offer (IPO) of Multi Commodity Exchange (MCX) in 2012. We have registered a case against Jignesh Shah, then MD MCX, four former chairmen of Forward Market Commission and 6 others in a case relating to allegation that accused had facilitated Multi Commodity of India Ltd (MCX) in getting the status of Nationwide Multi Commodity Exchange even though MCX was not fulfilling stipulated criteria,told a CBI officer to India Today.