ED ATTACHES RS 143 CRORE FIXED DEPOSITS OF CHENNAI GOLD FIRM

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ED attaches Rs 143 crore fixed deposits of Chennai gold firm.

The Enforcement Directorate has reportedly attached the fixed deposits worth Rs 143 crore of Chennai-based Kanishk Gold Pvt Ltd in connection with a bank loan fraud of Rs 824 crore. The latest move comes two days after a similar attachment of Rs 43 crore, say reports. The firm reportedly received huge loans from a consortium of 14 banks with SBI being the lead bank.

Tags : #ED #KANISHKGOLDPVTLTD

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