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ED Seizes Rs 579 Cr in Assets in Massive Amtek Auto Bank Fraud Scandal

Summary by India CSR Network
NEW DELHI (India CSR): In a dramatic escalation of one of India’s most significant financial fraud investigations, the Enforcement Directorate (ED) has struck a major blow against Gurugram-based Amtek Auto Ltd. On March 26, 2025, the agency attached assets worth Rs 579 crore belonging to the company and its affiliates, spotlighting a staggering Rs 27,000 crore bank fraud that has left public sector banks reeling. This latest move follows the sei…
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India CSR Network broke the news in on Friday, March 28, 2025.
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