ED raids Ramnandi Hotels in Rs 132-crore bank fraud case
Searches conducted at nine locations linked to Gaya-based hotel group and promoters
The Enforcement Directorate conducted raids at nine locations linked to Ramnandi Hotels in Gaya in connection with an alleged bank fraud totaling Rs 132 crore. The investigation is focused on financial irregularities involving the hotel group and its promoters, with documents and electronic records seized during the searches. The probe is ongoing and further updates are awaited.
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The Enforcement Directorate (ED) carried out raids at nine locations associated with Ramnandi Hotels in connection with an alleged bank fraud worth Rs 132 crore. The searches targeted the Gaya-based hotel group and its promoters, officials said on September 11.
The ED initiated the raids as part of an investigation into the alleged financial irregularities involving the hotel group. Officials said the case pertains to a bank fraud where the accused allegedly siphoned off funds amounting to Rs 132 crore. The searches were conducted simultaneously across multiple sites linked to the group and its promoters in Gaya.
Authorities are examining documents and electronic records seized during the raids to gather evidence. The investigation is ongoing, and further details are awaited from the Enforcement Directorate.
अक्सर पूछे जाने वाले सवाल
- Who is involved in the alleged bank fraud case?
- The Ramnandi Hotels group and its promoters are implicated in the case.
- What is the nature of the ED's investigation?
- The ED is investigating financial irregularities and alleged siphoning of funds.
- How are the raids being conducted?
- Raids were simultaneous across multiple locations linked to the hotel group.
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