March 16 2018
The ED has registered a money laundering case in connection with an alleged fraud of over Rs 173 crore in the United Bank of India (UBI) in 2016, involving the National Small Industries Corporation (NSIC) in West Bengal.
The central probe agency’s zonal office in Kolkata has filed a criminal case under the Prevention of Money Laundering Act (PMLA) taking cognisance of a July, 2016 FIR of the West Bengal CID.
