Kolkata, March 15

The Enforcement Directorate (ED) has registered a case of money laundering in connection with an alleged scam of over ₹173 crore in United Bank of India (UBI) in 2016. According to a senior ED official, the case is related to an FIR of West Bengal CID in July 2016. “A case has been registered under the Prevention of Money Laundering Act (PMLA) for the alleged fraud of over ₹173 crore in UBI. Investigations are on,” the ED official said. United Bank of India officials remained unavailable for comments.

Published on March 15, 2018

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