Categories: Blog

ED raids 17 sites in 2 states in Yes Bank loan fraud case

The Enforcement Directorate (ED) has searched 17 locations linked to Suraksha Asset Reconstruction Company Ltd (SARCL) promoter Sudhir Valia and senior executives. The searches are part of a money laundering probe into alleged collusion between SARCL and Yes Bank’s former co-promoter Rana Kapoor, involving circular transactions and undervaluation of assets.

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The News Vista
3 months ago

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