The Enforcement Directorate (ED) today said it had attached more movable and immovable properties, with book value of Rs 35 crore, belonging to the Saradha Group of companies in its investigations into them in a case under the Prevention of Money Laundering Act (PMLA), 2002.
During the investigation, it was revealed that from 2011 to 2016, the main accused, in collusion with the bank officials, defrauded Syndicate Bank to the tune of Rs 1267.79 crore.
New Delhi [India], August 13 (ANI): A Special Prevention of Money Laundering Act (PMLA) Court has granted five-day custody to the Enforcement Directorate (ED) of Pranav Kumar Ghosh, who was arrested on August 6 in the case of Srijan Mahila Vikas Sahyog Samiti Limited (SMVSSL).