ED Attaches Assets Worth Rs 2.14cr in PMLA Case

The Enforcement Directorate (ED) on Thursday said it has provisionally attached various immovable and movable properties worth Rs 2.14 crore of entry operators working for Shakti Bhog Foods Limited and their Chartered Accountants, in connection with a money laundering case pertaining to the bank loan fraud of Rs 3,269.42 crore.

A senior ED official said that properties belonging to Devkinandan Garg, Ashok Kumar Goel, Mahesh Kumar, Devender Kumar and other entry operators and R.N. Saraf and Ramesh Goyal, Chartered Accountants of Devkinndan were seized.

The official said that the entry operators had supplied fake invoices and assisted Shakti Bhog Foods Limited in committing loan fraud with a consortium of ten banks led by the State Bank of India. The ED initiated money laundering investigation on the basis of the FIR registered by the CBI against Shakti Bhog Foods Limited and others for criminal conspiracy, cheating and criminal misconduct resulting in bank fraud of Rs 3,269.42 crore. (IANS)

Also Read: Don't raise separate statehood issue: BJP President J.P. Nadda

Also Watch: