ED Sensational Cases: In The Name Of Bank Loans Rs. 65,000 Cr Accounts
Delhi/Hyderabad, Aug 18 (Maxim News): For some time now, the Enforcement Directorate has been keeping an eye on the illegal earners. In this order, raids are often done on suspects, and unaccounted money is seized.
Click Here To Join Us On WhatsApp
ED revealed to the media that they have defrauded the banks in the name of bank loans and have so far raked in Rs. 65,279 crores. ED explained that over the last few years, 1,160 cases of money laundering have been committed by bank loan frauds.
174 people were arrested in those cases. The Enforcement Directorate seized Rs. 65,279 crores obtained by cheating banks. ED has already returned around Rs. 15,185 crores to the banks that had already lent them. According to the ED, Rs. 725 crores have been confiscated in connection with those who fled after committing financial crimes.
Click Here To Join Us On WhatsApp
The ED revealed that there are still 473 provisional orders and 314 prosecution complaints (chargesheets filed) before the court set up for cases under the Prevention of Money Laundering Act (PMLA) in some cases, the trials ended and eight accused were convicted. Around Rs. 15,295 crores have been confiscated. (Maxim News)
More Stories :
-
Canada Temple Attack: Pawan Kalyan Calls For Action
![Canada Temple Attack: Pawan Kalyan Calls For Action]()
Amaravathi/Hyderabad, Nov 5 (Maxim News): Describing the attack on a Hindu temple in Canada as “more than an isolated incident.” Andhra Pradesh Deputy Chief Minister Pawan Kalyan has said the incident pained him reply and expressed hope that the Canadian government would take necessary steps to ensure the safety of the Hindu community there.
-
Woman Gang-Raped In Hyderabad
![Woman Gang-Raped In Hyderabad]()
Hyderabad, Nov 5 (Maxim News): A woman was gang-raped by thugs in Maduranagar area of the city. The victim complained to the police that three youths raped her. In the complaint, it is said that she was taken away after telling lies while coming from work.
-
Schedule For Telangana Inter Exam Fee Dates Released
![Schedule For Telangana Inter Exam Fee Dates Released]()
Hyderabad, Nov 5 (Maxim News): The Telangana State Board of Intermediate Education (TSBIE) has released the schedule for the payment of the intermediate Examination fee from November 6 to 26th of this month without a late fee.
-
Salman Khan Gets One More Death Threat
![Salman Khan Gets One More Death Threat]()
Mumbai/Hyderabad, Nov 5 (Maxim News): Bollywood actor Salman Khan has received another threat, a police official said on Tuesday, adding the person who threatened the actor has demanded Rs. 5 crore from him.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News update
