Enforcement Directorate has attached assets worth Rs 6.5 crore of Bengaluru-based Ignis Technology Solutions Pvt Ltd and its director in a Rs 30-crore bank fraud case, the agency tweeted on Thursday.
The action was taken after the ED registered a case on a complaint against Samantara and the firm under the Prevention of Money Laundering Act. The Central Bureau of Investigation (CBI) had earlier registered a case.
The properties include a residential building, two apartments, a site, 8 acres and 37 guntas of agricultural land, all in Bengaluru, and an industrial plot allotted by Odisha Industrial Development Corporation.
The case pertains to “cheating United Bank of India of Rs 30 crore by fraudulent means in sanctioning and availing of credit facilities.
Published 05 January 2017, 19:43 IST