ED attaches Rs 5-crore worth assets in Bengaluru Syndicate Bank branch fraud case


ED attaches Rs 5-crore worth assets in Bengaluru Syndicate Bank branch fraud case

The central probe agency said its investigation in the case was initiated on the basis of an FIR filed by the Bengaluru Police sometime back against Vijay Akkash, Mohamed Musthafa, M D Jairam (the then Assistant Branch Manager of Syndicate Bank, Uttarahalli branch in Bengaluru) and others.

"The best part of this restructuring, as far as our bank is concerned, is under MSME. We have restructured about Rs 3,300 crore and retail about Rs 7,600 crore and total amount is over Rs 13,200 crore."


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