The Directorate for Enforcement (ED) performed 31 July. His first ever search operation on Andaman Nicobar Islands in relation to alleged fraud at the state cooperative bank Andaman Nicobar (ANSC Bank).
According to the department’s statement, there is a search in nine places in Port Blair and around it and in two places in Calcutta. The search was carried out according to the Act on the Prevention of Money Layers (PMLA), the PTI sources said.
“Found found in question, extensive discrepancies …”
According to a report on Port Blair search, their teams have found and acquired various in question, which point to extensive discrepancies in the awarding of loan and overdraft facilities.
“The evidence collected so far suggests that the rental equipment has been extended to various companies or companies by ignoring the procedures and instructions of the bank,” the report added.
“The rental device is worth £200 crore fraudulently ”
The financial investment agency also stated that its search also revealed that the suspects from Kuldeep Rai Sharma, the former Minister of Parliament for Andaman and Nicobar Islands, and vice president of Andaman state cooperative bank and vice president Andaman Nicobar state bank.
Sharma, a 57 -year -old Congress leader, is a former deputy of the Union territory between 2019 and 2024.
He added that the rental equipment of more than £200 Crore was fraudulently received by these entities from ANSCB.
“It has also been revealed that a substantial part of these loans was withdrawn in cash and was paid to recipients, including the former MP Kuldeep Rai Sharma,” the statement added.
Investigations of the Directorate followed companies in the case of a registered crime and economic offense of the police Andaman and Nicobar against various private persons and officials of the bank.
(Tagstotranslate) Andaman Nicobar Islands (T) Directorate for recovery
