Tuesday, Oct 23 2018 | Time 20:22 Hrs(IST)
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  • At least eleven people including two children injured on footbridge at Santragachhi station
  • Delhi based Abhijit Ayer Mitra held by police for derogatory remarks on Konark temple
  • India, Afghanistan and Iran hold first trilateral meeting on Chabahar
  • Apex court permits fireworks on the Festival of Lights from 2000 to 2200 hrs
  • PRESIDENT-MAH-SYMBIOSIS THREE LAST PUNE
  • Situation has improved in last 4 months in Kashmir: Rajnath
  • Situation has improved in last 4 months in Kashmir: Rajnath
  • PRESIDENT-MAH-SYMBIOSIS TWO PUNE
  • Serbia not to join NATO: Gojkovic
  • Raghubar directs to improve facilities in industrial areas
  • ED files prosecution complaint against 184 companies, 7 persons in Sterling Biotech Case
  • Christian Brothers assures action if cleric found guilty in sexual abuse
  • Taliban kidnap 125 teachers, education staff in Ghazni
  • Constitution under threat in Narendra Modi regime: Kanhaiya Kumar
  • Accretion in ranks of Oppn Congress, ex IFS top diplomat joins party
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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.
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Apex court permits fireworks on the Festival of Lights from 2000 to 2200 hrs

23 Oct 2018 | 8:11 PM

New Delhi, Oct 23 (UNI) The Supreme Court on Tuesday declined to stay the sale of fireworks and permitted people to burst crackers on the Festival of Lights from 2000 to 2200 hrs.

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ED files prosecution complaint against 184 companies, 7 persons in Sterling Biotech Case

23 Oct 2018 | 7:51 PM

New Delhi, Oct 23 (UNI) Enforcement Directorate(ED) on Tuesday filed a prosecution complaint against 184 companies and seven persons in Sterling Biotech Ltd (SBL) Group case in Special PMLA Court here.

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Accretion in ranks of Oppn Congress, ex IFS top diplomat joins party

23 Oct 2018 | 7:39 PM

New Delhi, Oct 23 (UNI) Welcoming to its fold, former Indian Foreign Service officer Satendra Kumar, Opposition Indian National Congress on Tuesday affirmed that it was the only party which could maintain the unity and integrity of the nation.

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PM to interact with IT & electronics manufacturing professionals

23 Oct 2018 | 7:36 PM

New Delhi, Oct 23 (UNI) Prime Minister Narendra Modi will interact with IT and electronics manufacturing professionals across India on Wednesday on the occasion of the launch of the “Main Nahin Hum” Portal and App.

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IBBI notifies the IBBI (Mechanism for Issuing Regulations) Regulations, 2018

23 Oct 2018 | 7:23 PM

New Delhi, Oct 23 (UNI) The Insolvency and Bankruptcy Board of India (IBBI) on Tuesday notified the Insolvency and Bankruptcy Board of India (Mechanism for Issuing Regulations) Regulations, 2018 (Issuing Regulations) to govern the process of making regulations and consulting the public , a release from the Ministry of corporate affairs said.

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