The Enforcement Directorate (ED) has attached assets worth Rs 6.5 crore of a Bengaluru-based IT firm, owned by an Odia named NR Samantaray, for allegedly defrauding the United Bank of India to the tune of Rs 30 crore, according to reports.
The ED attached the assets after registering a case against Samantaray, director of the Ignis Technology Solutions Private limited. The CBI is currently probing the case.
A residential building, two residential apartments, a vacant residential site and agricultural lands measuring 8 acre and 37 gunth (all in Bengaluru) and an industrial plot allotted by the Odisha Industrial Infrastructure Development Corporation (Idco) have been attached.
While the reports quoting the ED stated the probe has revealed the money generated by way of fraudulence means from the UBI was used to acquire the attached properties, Samantaray reportedly said, “I was a guarantee for a friend, who had taken loans from the bank. As he didn’t pay back the loan, my properties were attached.”