ED conducts first-ever raids in Andaman and Nicobar Islands: Ex-MP linked to Rs 200cr scam; shell firms found

Enforcement Directorate searched several locations in Andaman and Nicobar Islands. The searches relate to a financial fraud case involving Andaman and Nicobar State Cooperative Bank. The agency suspects irregularities in loan disbursements to shell companies. These companies allegedly benefited Kuldeep Rai Sharma, former MP and ANSCB vice-chairman. The entities secured loans exceeding Rs 200 crore through fraudulent means.Original Article

Related posts

‘Vote theft claims’: EC slams Rahul; says threats to officials deplorable

Post Trump, 8 Indians deported daily on average compared to 3 before

Have ‘atom bomb’ to prove EC is helping BJP steal votes, says Rahul