
ED searches multiple locations in Bengal in over Rs 280 crore bank fraud
Kolkata, Sep 7 (IANS) Enforcement Directorate's (ED) Kolkata Zonal Office recently conducted search operations at 12 premises across West Bengal under the Prevention of Money Laundering Act (PMLA), 2002, in connection with the investigation into the Kohinoor Power Pvt. Ltd. (KPPL) bank fraud involving default of more than Rs 280 crore, the central probe agency said in a statement on Monday.
According to the ED, the investigation was initiated on the basis of the complaint filed by the Serious Fraud Investigation Office (SFIO) before the 2nd Special Court at Kolkata in respect of the affairs of Kohinoor Power Private Limited (KPPL) and others.Investigation into the affairs of the company was ordered by the Ministry of Corporate Affairs (MCA) pursuant to the Insolvency and Bankruptcy Board o...









