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ED attaches bank balances of Rs 105.32 cr of fintech firms with Chinese links

August 4, 2022
Source: dailyindia.net dailyindia.net
News Snapshot:
New Delhi: The Enforcement Directorate (ED) on Wednesday said that it has found balances of Rs 105.32 crore lying in various bank accounts and payment gateway accounts of 12 NBFCs, Indried Fincorp Ltd, Aglo Fintrade Pvt Ltd and others and their affiliated fintech companies in connection with a money laundering case. The amount is attached. A total of Rs 264.3 crore has been attached in this case. The ED initiated the money laundering probe on the basis of various FIRs registered by the Cyber Crime Police Station, Hyderabad under various sections of the IPC and Section 67 of the IT...
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