New Delhi, Feb. 2 -- The Enforcement Directorate (ED), Jammu Sub-Zonal Office, stated on Monday that it has filed a chargesheet against Bharat Papers Limited (BPL) and its Directors/associated persons-Anil Kumar, Parveen Kumar, Baljinder Kumar, Rajinder Kumar, and Anil Kashyap-for the offence of money laundering.
The chargesheet was filed before a Special Court (PMLA) in Jammu on January 30. The ED initiated its PMLA investigation based on an FIR registered by the CBI, ACB, Jammu, concerning a bank loan fraud of approximately Rs. 200 crore involving a consortium of banks led by the State Bank of India.
The ED investigation revealed that the accused persons, in criminal conspiracy, fraudulently availed bank loans and did not utilise the fu...