India, Dec. 25 -- The Enforcement Directorate (ED) has facilitated the restitution of immovable assets worth Rs.63.05 crore, including a plot at Wani in Yavatmal district, to State Bank of India (SBI) and UCO Bank, as part of its money-laundering investigation relating to a Rs.306.33-crore bank fraud case against a private firm.

Of the total restituted assets, in the form of agricultural and industrial plots, assets worth Rs.62.3 crore went to SBI, while assets worth Rs.75 lakh were handed over to UCO Bank. The assets had been attached by the ED in the case, initiated in 2016 against GS Oils Limited and others.

The case is based on complaints by SBI and UCO Bank against GS Oils Limited, which allegedly defaulted on loans sanctioned by t...