Bank 'fraud' case: ED raids ex-directors, promoters of Kwality Ltd
- Posted on November 27, 2024
- By Business News Today
- 2 Views
Bank 'fraud' case: ED raids ex-directors, promoters of Kwality Ltd
The Enforcement Directorate conducted searches in Delhi. The searches target former promoters of Kwality Ltd. The company is accused of a bank loan fraud of over Rs 1,400 crore. The CBI filed a case in 2020 against Kwality Ltd and its directors. The raids are part of a money laundering investigation.
