Kolkata, Jan 16 (FN Bureau) The Enforcement Directorate (ED) on Thursday began a fresh raid at various places, including Howrah’s flat of Dipak Jain, in relation to the alleged bank fraud of over Rs 6000 crore.Jainlaundered the funds after loans from the financial institutions,official sources said. The ED has already arrested Sanjay Sureka, the industrialist and ownerof Concast Steel and Power Limited, in connection with a bank fraudcase in Jharkhand and elsewhere last December in the same case. Sources said the ED sleuths, aided by the Central armed forces, fannedout early in the morning in groups, and began raiding at Howrah, andtwo other places in Kolkata in relation to the bank fraud case.
They said the ED has begun questioning the accused, Dipak Jain, at acomplex in Howrah flat to know where the monkey was delivered aftergetting loans from some scheduled banks. In December the ED during raids at Sanjay Surekha’s property hadseized jewellery worth Rs 4.5 crore and several foreign-made luxurycars in relation to the alleged bank fraud.Preliminary investigations have indicated that large sums of moneywere moved through shell companies of about Rs 6,000 crore bank fraudinvolving 16 national banks across India.Sureka allegedly acquired loans through multiple accounts andfraudulent claims but failed to repay the funds. The case, which datesback to 2022, involves the duping of a nationalised bank in Jharkhand,as per ED sources.