The Enforcement Directorate (ED) on Wednesday attached assets worth Rs. ten crores (market value) of Bengal India Global Infrastructure Director Bipin Kumar Vohra in a bank fraud case. The Directorate attached Vohra’s four flats in Kolkata and two flats in Gurugram worth Rs. 10 crores. In this matter, three FIRs were filed by different banks under Sections 120B r/w Sections 420, 467, 468 and 471 of the IPC.
According to the CBI, BS and FC, Kolkata FIRs M/s. Bengal India Global Infrastructure Ltd. and others caused a loss of Rs 139.05 crores to Central Bank of India and Rs 48.2 Crores to Andhra Bank, a loss of Rs. 74.98 crores was caused by another group company M/s. SPS Steels Rolling Mills Ltd. and others to United Bank of India, Kolkatas.
The company M/s. Bengal India Global Infrastructure Ltd. represented by its directors availed various credit facilities for trading purpose during 2012-13 and diverted the funds through various front/sister companies for other purposes violating the terms and conditions stipulated in the sanction orders thereby causing loss to the lenders.
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During the course of investigation, the Enforcement Directorate came across several personal properties of Bipin Kumar Vohra and others.
Earlier also, movable assets worth Rs 43,04,307.15/- were provisionally attached.
Further investigation is in progress.