Reported by Indian Express
Bank fraud: ED attaches properties worth Rs 828 crore of Ludhiana-based Sel Textiles

The investigation revealed that SEL Textiles and its directors had fraudulently diverted the loan amount availed from a consortium of banks, led by the Central Bank of India.
This is the summary Indian Express syndicates.
The reporting is theirs, so the full article stays on their site — we do not copy it here.


