ED Books Subhash Chandra in Rs 1,322 Crore Fraudって動画が話題らしいぞ
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One thousand three hundred twenty-two crore rupees. Vanished in an alleged housing loan fraud.
The Enforcement Directorate has registered a money-laundering case against Essel Group chairman Subhash Chandra, after the CBI filed a case on a complaint from LIC Housing Finance. The CBI case was filed in August 2026.
Two loan facilities from 2018, totalling Rs 980 crore, allegedly went to group-linked companies as co-borrowers — Rs 500 crore to one company and Rs 480 crore to another. The lender alleges the loans were secured with inflated net-worth certificates, including one from March 2018 certifying around Rs 59,000 crore, and personal guarantees by Chandra himself. After defaults, the alleged wrongful loss reached Rs 1,322.39 crore.
Remember, this case is pending and these are allegations — nothing here is a finding of guilt.
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#ScamFiles #SubhashChandra #ED #LoanFraud #LICHousing #ScamAlert #TrueCrime #MoneyLaundering
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