Enforcement Directorate (ED) has provisionally attached 6 immovable and 4&nbsp;movable properties worth around 32 crore Rupees&nbsp;held in the name of&nbsp;accused Persons in a bank fraud case. <br />''<br />''The&nbsp;properties&nbsp;were held in the names of Narender Kumar Patel, Madhu Maruswamy,Jigishben Patel and&nbsp;Inrhythm Energy Limited. The&nbsp;ED initiated investigation on the basis of 3 FIRs registered by CBI and 1 FIR&nbsp;registered against then and others&nbsp; for defrauding several Banks to the tune of over 155 crore rupees. In a statement , the ED said that it has also&nbsp;filed a Prosecution&nbsp;Complaint against Narender Kumar Patel and 7 other accused.<br />''<br />''Immediately after registration of the predicate FIRs by CBI, the accused persons Narender Kumar Patel, his wife Jigishben Patel &amp;amp; Madhu Maruswamy had fled from India and settled in USA. In January, 2021, with the help of immigration authorities, ED managed to intercept Narender Kumar Patel in January this year&nbsp; when he landed at Ahmedabad International Airport. He was arrested under PMLA Act 2002.<br />''<br />''<span style="color: #222222;">The remaining two main accused are still in USA.</span><br />
News On AIR | March 16, 2021 8:57 PM
ED provisionally attaches properties worth around Rs 32 cr held in name of accused Persons in bank fraud case