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₹3.66 cr life insurance policies seized in ₹1200 cr SBI fraud
short by / on Saturday, 27 June, 2026
The Enforcement Directorate (ED) has attached two Zurich International Life insurance policies worth ₹3.66 crore linked to businessman Shrikant Bhasi in a ₹1,266 crore SBI fraud investigation. The agency alleges the policies were funded through connected overseas entities and were being prepared for surrender.
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