ED attaches assets worth ₹18 crore linked to rice mill loan fraud case
AI Summary
India’s Enforcement Directorate provisionally attached assets worth ₹18 crore in a rice mill loan fraud and money-laundering case. The properties are linked to K. Peri Reddy, family members and associates, and the case involves Kallam Modern Rice Mills Private Limited.
The Directorate of Enforcement provisionally attached immovable properties belonging to K. Peri Reddy and his family members/associates in the case of Kallam Modern Rice Mills Private Limited and others, under the provisions of Prevention of Money Laundering Act, 2002
Politics Markets Commodities money laundering loan fraud rice milling asset attachment Enforcement Directorate India