Snippets Column

ED Attaches Rs. 193.46 Crore Property in PMLA Case Linked to Rs. 250 Crore Fraud with J&K State Co-operative Bank

Directorate of Enforcement (ED) has provisionally attached immovable property in the form of land measuring 257 Kanal and 19 Marlas at Shivpora, Srinagar, which is valued at Rs. 193.46 Crores, in a PMLA case related to the financial fraud committed with J&K State Co-operative Bank (JKSTCB). The fraud involved sanctioning of loan to the tune of Rs. 250 Crores (disbursement amount Rs. 223 Crores), in 2019, to a fake cooperative society named River Jehlum Co-operative House Building Society, Shivpora, Srinagar, (J&K) by the then Chairman of JKSTCB & Others.

Naiteek Bhatt

Recent Posts

CJI BR Gavai Highlights Role Of Technology In Democratising Access To Justice

Chief Justice of India (CJI) BR Gavai said that access to justice through technology can…

4 hours ago

PM Modi Likely To Visit Cyprus en Route To G7 Summit In Canada

Signaling deeper ties with the Mediterranean, PM Modi may briefly stop in Cyprus en route…

4 hours ago

NMACC To Host First ‘India Weekend’ At New York’s Lincoln Centre In September 2025

The NMACC will make its global debut with the first edition of ‘India Weekend’ in…

5 hours ago

JioBlackRock Asset Management Unveils Leadership And Launches Early Access Platform

JioBlackRock Asset Management, a 50:50 venture between Jio Financial and BlackRock, unveiled its executive team…

6 hours ago

EAM Jaishankar Welcomes Belgium’s Support In Fight Against Terrorism During Brussels Visit

External Affairs Minister (EAM) S Jaishankar on Monday met Belgium’s Deputy Prime Minister and Foreign…

6 hours ago

PIB Fact‑Check Debunks Fake BSNL KYC Suspension Notices

The Press Information Bureau (PIB) has issued a fact-check warning over a fake notice circulating…

8 hours ago