Bank Fraud case: ED attaches assets worth Rs 70 cr of DHFL promoters Wadhwans
New Delhi: The Enforcement Directorate has attached assets worth over Rs 70 crore belonging to DHFL promoters Kapil and Dheeraj Wadhawan in connection to a money laundering probe linked to an alleged bank loan fraud case, media reported.
The attached assets include diamond jewellery, flats, paintings, sculpture, watches, and a stake in a helicopter.
The probe alleges cheating a consortium of 17 banks of Rs 34,615 crore, with the money laundering case originating from a CBI FIR.
The Wadhawans are accused of siphoning and misappropriating funds, causing a loss of Rs 34,615 crore to the consortium lenders led by Union Bank of India (UBI).
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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