India, June 12 -- The Enforcement Directorate (ED) has restituted assets worth Rs.52.35 crore in its money laundering probe against Shakti Bhog Foods Limited (SBFL) and its directors, who have been accused of cheating a consortium of 10 banks led by the State Bank of India of Rs.3,269 crore.

The ED probe is based on a case by the Central Bureau of Investigation (CBI) from 2021, wherein it is alleged that directors allegedly falsified accounts and forged documents to siphon off public funds.

A statement issued by ED on late Wednesday evening said that it has so far attached assets worth Rs.131 crore and filed six charge sheets in the case.

The company has gone into liquidation and the liquidator appointed by National Company Law Tribuna...