ED attaches properties in Kashmir in ‘misuse’ of PM Employment Generation Programme scheme case

Summary
An ED spokesman said there was misappropriation of PMEGP Scheme’s loans in criminal conspiracy with the PMEGP borrowers, bank officials of Sumbal Branch and Gamud Gadkhud Branch of J&K Bank and other unknown persons
Description from The Hindu.
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PMEGP Irregularities: ED Attaches Assets Worth over Rs 10 Crore in J&K
The ED investigation was initiated on the basis of FIRs of ACB and CBI, Srinagar alleging misappropriation of PMEGP scheme's loan amounts in criminal conspiracy with the PMEGP borrowers
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ED attaches properties in Kashmir in ‘misuse’ of PM Employment Generation Programme scheme case
An ED spokesman said there was misappropriation of PMEGP Scheme’s loans in criminal conspiracy with the PMEGP borrowers, bank officials of Sumbal Branch and Gamud Gadkhud Branch of J&K Bank and other unknown persons

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