Enforcement Directorate / Will Jaypee Infratech flat buyers be in trouble ? / SURAKSHA Asset Reconstruction, which won bid for Jaypee via Insolvency process has been RAIDED by Enforcement Directorate for money laundering
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The Enforcement Directorate is conducting a search operation at 17 locations in New Delhi and Maharashtra's Mumbai and Khandala, covering premises of Suraksha Asset Reconstruction Company Ltd (SARCL), Suraksha Realty Ltd, Khyati Realtors Pvt Limited, as well as its promotors, directors and employees and a former YES Bank employee. The raids are being conducted in case of fraudulent assignment of YES Bank loan of Mackstar Marketing Pvt Ltd and other such loans during Financial Year (FY) 2016-17 to FY 2017-18: Officials. Rgds. LSTN.