Hyderabad, March 14 -- The Directorate of Enforcement (ED) has attached immovable properties worth Rs 35.05 crore belonging to Beereddy Narsimha Reddy and Anil Beniprasad Agarwal in connection with a bank fraud and money laundering case.
The action was taken as part of an investigation into a money laundering case registered against BNR Infra and Leasing and Elite Infra Projects Private Limited, both based in Hyderabad.
According to officials, the companies allegedly committed several irregularities, including misrepresenting agricultural land as non-agricultural land, creating forged NALA (Non-Agricultural Land Assessment) documents, and falsifying land ownership records. These allegedly fabricated documents were used as collateral to ...
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