Business News

Panchkula Municipal Corporation fund case: ED attaches Rs 131 crore assets, files complaint against 9

FinSiddhi

The Enforcement Directorate has attached assets worth Rs 131 crore in a Municipal Corporation Panchkula fund scam. Nine individuals face charges in connection with the alleged Rs 107 crore embezzlement case. Bank officials allegedly opened unauthorized accounts using forged documents and bypassed procedures. Funds were then layered through individuals and firms before being diverted into personal assets.
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