India

ED attaches Rs 114.19 cr assets of SGRSB’s defaulters

PNS

The Enforcement Directorate (ED) has provisionally attached properties worth Rs 114.19 crore pertaining to various defaulter borrowers of Bengaluru-based Sri Guru Raghavendra Sahakara Bank Niyamitha under the Prevention of Money Laundering Act in a case of mis-appropriation of public deposits to the tune of more than Rs 800 crore.