August 1, 2019 2:28 PM

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ED attaches REI Agro assets worth over Rs 481 crore

<span style="color: #222222;">The Enforcement Directorate, ED, has provisionally attached assets worth over 481 crore rupees of Kolkata-based REI Agro Ltd in connection with an alleged bank fraud case. <br />''<br />''An official release said that the Central agency issued an attachment order under Prevention of Money Laundering Act, PMLA. <br />''<br />''An investigation into the case was initiated on the basis of an FIR registered by CBI on the allegation that the company and its directors and others, availed various credit facilities from various banks and defrauded them from 2013 onwards to the tune of over 3,871 crore rupees, by diverting the funds fraudulently.</span><br />

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