Latest Advantage Overseas Private Limited News & Updates

ED Attaches Rs 3.66 Crore Foreign Investment-Linked Insurance Policies in Money Laundering Probe

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Bhopal/New Delhi, June 25 (IANS) The Directorate of Enforcement (ED), Bhopal Zonal Office, has provisionally attached two foreign investment-linked life insurance policies worth approximately Rs 3.66 crore in connection with the money laundering investigation against M/s Advantage Overseas Private Limited (AOPL) and its promoter, Shrikant Bhasi. The attached policies are maintained with Zurich International Life Ltd and have an aggregate surrender value of USD 387,814.42 (around Rs 3.66 crore). …