Millennium Post

ED attaches Rs 10 crore assets of industrialist

The Enforcement Directorate on Wednesday said it has attached assets worth Rs 10 crore of city-based industrialist B.K. Vohra in a bank fraud case.

In August 2014, the Central Bureau of Investigation registered a case against the private firm's three directors including Vohra for causing an alleged loss of Rs 139.05 crore to the Central Bank of India.

The agency said the company availed credit facilities on the basis of "false and forged documents" and diverted the funds for "the purpose other than for which the same was sanctioned".

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