New Delhi, March 26 -- The Enforcement Directorate (ED), Indore Sub-Zonal Office, on Wednesday said it has attached three immovable properties worth Rs 4 crore in connection with a bank fraud case involving Ram Patidar, proprietor of Narmada Sheit Grih, Dhar.
The ED stated that the attached properties are agricultural lands located in the districts of Dhar and Khargone in Madhya Pradesh.
The ED initiated a PMLA investigation based on an FIR registered by the Central Bureau of Investigation (CBI), Jabalpur, Madhya Pradesh, under various sections of the Indian Penal Code and the Prevention of Corruption Act against Ram Patidar and others for allegedly defrauding Punjab National Bank and causing wrongful loss to the bank.
The investigation ...