Latest Punjab Basmati Rice Limited News & Updates

ED Conducts Raids in Rs 350 Crore Bank Fraud Case

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Jalandhar, June 12 (IANS) In fresh action in a Rs 350 crore bank fraud, the ED searched six premises of Punjab Basmati Rice Limited and its officials and recovered Rs 8.50 lakh in cash and $8,600 in connection with suspected money laundering, an official said on Friday. The Directorate of Enforcement (ED), Jalandhar Zonal Office, carried out search operations on June 5 at six different business and residential premises relating to Punjab Basmati Rice Limited (PBRL) and its Directors/Promoters, i…