ED attaches Rs 678 crore Avantha Group assets

The Enforcement Directorate attached properties worth over Rs 678 crore belonging to the Avantha Group, owned by Gautam Thapar, in connection with an alleged bank fraud and money-laundering case. The investigation revealed that Avantha Group companies diverted Rs 1,307 crore out of loans obtained from a consortium of banks led by SBI.

Posted from: this blog via Microsoft Power Automate.

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