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ED attaches assets worth ₹442 crore in Kwality bank fraud case
short by / on Friday, 17 January, 2025
The Enforcement Directorate (ED) has seized assets worth over ₹442 crore belonging to the ex-promoters of Kwality Ltd in a major bank fraud case. The promoters are accused of diverting loans for personal gains, leaving banks with huge losses. The attached properties include land, commercial spaces, and luxurious homes as part of the ongoing investigation.
read more at The Tribune