Friday 1 June 2018

Bank fraud: ED attaches Rs 4,701 cr assets of Gujarat pharma firm

Bank fraud: ED attaches Rs 4,701 cr assets of Gujarat pharma firm The agency issued a provisional freezing order under the Prevention of Money Laundering Act (PMLA) and attached immovable properties of around 4,000 acres, plant and machinery, around 200 bank accounts of various linked companies and promoters, shares worth Rs. 6.67 crore and a number of luxury cars of the Vadodara-based group, officials said.

from Moneycontrol Latest News https://ift.tt/2xxGdlr

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