In September, ED told the court it found transfers worth over Rs 2,000 crore in the Moser Baer case that required further investigation. Puri’s parents have not been named in the ED charge sheet. When contacted, Puri’s counsel, advocate Vijay Aggarwal declined to confirm or deny the details of the charge sheet. However, there cannot be any case against my client as he had resigned from MBIL much before this alleged offence took place.”ED has said that the alleged Central Bank fraud under probe dates back to 2014. The bank alleged that the company and its directors forged and fabricated documents to induce Central Bank of India to release funds.

Source: Hindustan Times October 17, 2019 19:18 UTC