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ED attaches plant, machinery of Kudos Chemie Ltd in bank fraud case

ANI  |  General News 

The Enforcement Directorate (ED) has attached plant and machinery of Kudos Chemie Ltd worth Rs 234.11 crores in connection with a bank fraud case under Prevention of Money Laundering Act (PMLA).

The ED informed about the development from its official Twitter handle on Friday.

"ED attaches under PMLA, Plant and Machinery of M/s Kudos Chemie Ltd at Kuranwala and Saidpura, Mohali worth Rs 234.11 crores in a bank fraud case," the tweet read.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 20 2019. 21:31 IST