New Delhi, Oct. 6 -- In a significant move, the Directorate of Enforcement (ED), Bengaluru Zonal Office, will restitute properties valued at Rs. 20.16 crore to the victims and rightful claimants in the Injaz International money laundering case.
The ED initiated its investigation based on a complaint from the Revenue Inspector, Tahsildar Office, Yelahanka, Bengaluru, and a subsequent FIR registered by the Wilson Garden Police Station. The case was filed against Injaz International and its associated group under various sections of the Prize Chits & Money Circulation Schemes (Banning) Act, the Indian Penal Code (IPC), and the Chit Funds Act. This FIR is currently under investigation by the Financial Intelligence Unit, Criminal Investigation ...