December 19, 2019 6:11 PM

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ED attaches Rs 2-cr assets in Bank fraud case

<span style="color: #222222;">Enforcement Directorate, ED has seized assets worth over two crore rupees in a bank fraud case. </span><br />'' <br />'' <span style="color: #222222;">In a statement, the ED said it has initiated the investigation under Prevention of Money Laundering against the officials of Syndicate Bank and private persons. </span><br />'' <br />'' <span style="color: #222222;">During the investigation, it revealed that from 2011 to 2016, the mastermind of the fraud in collusion with bank officials defrauded the bank through adopting different modus operandi.<br />'' <br />''ED has already attached assets worth over 386 crore rupees and prosecution complaint has been filed against 81 persons including the key accused.</span>

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