ED attaches ₹10.63 crore assets in Kashmir PMEGP fraud

The Enforcement Directorate attached 11 immovable properties worth ₹10.63 crore in Srinagar and Bandipora under PMLA, linked to misuse of the PMEGP scheme. Probe revealed dummy borrowers, fake invoices, and J&K Bank officials' involvement. Over 270 loan accounts turned NPA, with proceeds of crime traced to ₹11.37 crore.