Chennai, Dec 27 (IANS): The Enforcement Directorate(ED) on Monday said it has attached 47 properties valued at about Rs 5.74 crore involved in the Chennai Port Trust fixed deposit scam.
“ED has attached 47 properties, including 230 acres of land, 20 plots, gold, vehicles and bank deposits, total valuing at Rs 5.74 crore, involved in the Term Deposit Fraud pertaining to Chennai Port Trust,” the ED said in a tweet.
India’s premier investigation agency, the Central Bureau of Investigation (CBI) had earlier said that it has filed charge sheet against 18 accused on the allegation of causing a loss of about Rs 45.40 crore to Indian Bank.
In November, the CBI had said it had filed a charge sheet against the then Branch Manager, Indian Bank, Koyambedu Branch here and private persons in the case of foreclosing the fixed deposits in the name of Chennai Port Trust.
The CBI had registered a case on 31.07.2020 on a complaint from Indian Bank, Chennai against two private persons, Branch Manager, Indian Bank, Koyambedu Branch, Chennai and other unknown public servants and private persons on the allegations of committing fraud, forgery, impersonation with the intention to cheat the bank to the tune of about
Rs 100.57 crore.
It was further alleged that a loss to the tune of Rs 45.4 crore was caused to Indian Bank by way of foreclosing/pre-closing of several term deposits created in the name of Chennai Port Trust and also transferring/withdrawing the said amount through various…