Thursday, Aug 16 2018 | Time 21:41 Hrs(IST)
image
  • Mehbooba expresses grief over demise of Vajpayee
  • Guv, Farooq discuss upcoming Panchayats, Urban Local Bodies polls in J&K
  • AIADMK condoles death of Vajpayee
  • Storm halts Oman's Daleel Petroleum operations
  • Newspapers across US rebuke Trump for attacks on press
  • Genoa, Sampdoria games called off in wake of bridge collapse
  • Assam declared state holiday
  • Pakistan PM-in-waiting Imran, journalists mourn Vajpayee demise
  • Five arrested for child trafficking to US
  • US bishops call for Vatican, lay abuse probe into ex-cardinal
  • Sheikh Hasina condoles death of former Indian Premier Atal Bihari Vajpayee
  • Kerala floods: Kochi Airport suspends operation till August 26
  • Odisha govt announces 7 day state mourning, govt holiday on Friday on the demise of Vajpayee
  • Tension prevails at Somala mandal as TDP, YSRCP leader’s clash
  • Vajpayee was brightest star in political sky: Sumitra Mahajan
India Share

ED attaches assets worth over 184 cr bank fraud case in Jaipur,Udaipur

New Delhi, May 17 (UNI) Enforcement Directorate on Thursday provisionally attached movable and immovable assets worth Rs 184.68 crore of accused who were involved in a bank fraud case in Jaipur under the Prevention of Money Laundering Act (PMLA).
These properties belong to the accused Bharat Bomb, Shankar Lal Khandelwal, Himanshu Verma, bank officials Santosh Kumar Gupta, Deshraj Meena and their family members.
The attached assets include commercial establishment like hotel, real estate projects and large pieces of prime agricultural and commercial land.
The probe agency move comes after the investigation of Central Bureau of Investigation, Banking Security & Fraud Cell, New Delhi which registered an FIR in March, 2016 under various sections the Indian Penal Code and Prevention of Corruption Act against the officials of Syndicate Bank and private persons.
Over a period of five years since 2011 to 2016, the mastermind of the fraud, Bharat Bomb an Udaipur based Chartered Accountant in collusion with bank manager Santosh Gupta and other officials of three branches of Syndicate Bank at Jaipur and Udaipur by way of inter linked fraudulent transactions between the three branches by resorting to discounting of forged cheques, discounting of forged inland bills and availing of overdraft facility against non-existent Life Insurance Company (LIC) policies caused the bank deliberately with dishonest intention a huge loss to the tune of Rs 1055 crore by siphoning off the funds of the bank for illegal personal gains.
The tainted money earned by the fraudsters was either invested in immovable assets or transferred in various bank accounts through complex maze of transactions.
“Earlier during the investigation, ED issued Provisional Attachment Order dated December 27, 2016 aggregating to total value of Rs 117.98 crore which was confirmed by Learned Adjudicating Authority (PMLA), New Delhi. The total attachment by ED in this case has reached to Rs 302.66 crore,” an official statement said here.
UNI AKS SW 2115
More News

Vajpayee was brightest star in political sky: Sumitra Mahajan

16 Aug 2018 | 8:59 PM

New Delhi, Aug 16 (UNI) Describing former Prime Minister Atal Bihari Vajpayee as the brightest star of the Indian political sky, Lok Sabha Speaker Sumitra Mahajan on Thursday said that even Opposition also held high respect for him.

 Sharesee more..

Business tycoons Ratan Tata, Mahindra condole Vajpayee's demise

16 Aug 2018 | 8:44 PM

New Delhi, Aug 16 (UNI) Noted industrialists Ratan Rata and Anand Mahindra on Thursday condoled the demise of former Prime Minister Atal Bihari Vajpayee and said a big lesson one could learn from the deceased leader is humility and humanity.

 Sharesee more..
Suresh Prabhu cuts short visit to Uzbekistan to offer  final respects to Vajpayee

Suresh Prabhu cuts short visit to Uzbekistan to offer final respects to Vajpayee

16 Aug 2018 | 8:39 PM

New Delhi, Aug 16 (UNI) Minister of Commerce & Industry and Civil Aviation Suresh Prabhu has cut short his official visit to Uzbekistan, where he had landed on Thursday morning for the Inter Governmental Commission on Trade and Economic cooperation, to return to India to offer his final respects to former Prime Minister Atal Bihari Vajpayee.

 Sharesee more..

Vajpayee's courage to go for N-tests gave strategic respect to India: Ravi Shankar Prasad

16 Aug 2018 | 8:38 PM

New Delhi, Aug 16 (UNI) Condoling the death of former Prime Minister Atal Bihari Vajpayee,
Union Law and Information Technology minister Ravi Shankar Prasad said on Thursday that Vajpayee showed the courage to conduct nuclear tests which gave an extraordinary strategic respect and depth to India.

 Sharesee more..

LAST RITES OF AB VAJPAYEE TO BE HELD AT 1600 HRS ON FRIDAY: AMIT SHAH

16 Aug 2018 | 8:32 PM

 Sharesee more..
image