Latest Bharat Raj Punj News & Updates

Enforcement Directorate Attaches Assets Worth Rs 112.90 Crore in Bank Fraud Case

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Jaipur, July 7 (IANS) The Enforcement Directorate (ED) has provisionally attached movable and immovable assets worth around Rs 112.90 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with an alleged Rs 376 crore bank fraud involving M/s LEEL Electricals Limited (formerly Lloyd Electric and Engineering Limited), its main promoter Bharat Raj Punj, and others. According to the ED’s Jaipur Zonal Office, the attached properties include land, industrial …