ED attaches property worth Rs 4.81 crore in J&K bank fraud case

Srinagar, Mar 11 : The Enforcement Directorate on Monday attached properties worth Rs 4.81 crore in Jammu and Kashmir bank fraud case.

In a post on X, ED, as per the news agency—Kashmir News Observer (KNO) said that Srinagar Zonal Office has provisionally attached immovable properties worth Rs.4.81 Crore in the form of 18 Kanal of land and building.

It said that property belongs to Isfaq Ahmad Zargar of M/s Nikha Ornaments (12.5 marla), Khalil Ahmad Mughal of M/s JK Gold Jewelry (14 Kanal 16 Marla), Md. Asaraf Dev of M/s Raf Raf Tours and Travel (1 Kanal 12 Marla) and Md. Sayed Kaushar Niyazi of M/s Sayed Tours and Travels ( 17 Marla)—(KNO)