India, Jan. 15 -- The Mumbai unit of Enforcement Directorate (ED) has attached provisionally assets worth Rs.35.22 crore as part of its money-laundering probe into a Rs.137 crore embezzlement case against a private firm and others.
The accused entities and persons were accused of embezzlement of funds worth Rs.137 crore belonging to a private investor on the pretext of financing a bogus business scheme, named 'Need To Feed' programme, purportedly linked to the government's mid-day meal scheme, ED officials said on Wednesday. The attached assets included movable assets in the form of bank balances, Demat holdings, mutual funds and immovable properties. ED's case is based on a First Information Report (FIR) registered by the Worli police s...
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