ED Attaches Properties Worth Rs. 3.40 Crore in JKGB Fraud Case

PTK NEWS DESK

Srinagar: The Enforcement Directorate (ED) has provisionally attached six immovable properties valued at approximately Rs. 3.40 crore in connection with the Jammu and Kashmir Grameen Bank (JKGB) fraud case. The attached assets belong to Ishtiyaq Ahmad Parray, a resident of Tangbagh, Khayam, Srinagar; Tariq Ali Parray, Mrs. Haseena Bano, and Maqsood Ali Parray. These properties are located in Srinagar and nearby areas, along with a flat in Zakir Nagar, New Delhi.

The action has been taken under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, as part of the ongoing investigation into the fraud case involving JKGB. The case highlights the ED’s intensified efforts to curb financial irregularities in the region.