💨 Abstract

The Enforcement Directorate conducted raids at three locations in Kolkata and Howrah in connection with a Rs 6,000-crore bank fraud case. The raids were at the residence and offices of a businessman, who is the director of a shell company allegedly involved in the fraud. The ED had earlier arrested Concast Steel and Power's promoter Sanjay Sureka in the same case and seized his luxury assets.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖