Overview
- In Kolkata, the ED filed a prosecution complaint against P.K. Enterprises proprietor Prasenjit Das and five others tied to transactions allegedly orchestrated by his late father, Purnendu Das.
- Investigators say Purnendu Das drew Rs 8 crore in packing credit and Rs 25 crore in foreign bill negotiation from erstwhile Allahabad Bank for onion exports to Bangladesh, causing a Rs 26.72 crore loss after LCs went unpaid for non‑receipt of goods.
- The case record cites diversion of loan proceeds to related accounts and cash withdrawals via 70 bearer cheques, with five properties worth about Rs 34.42 lakh already attached.
- In Madhya Pradesh, the ED’s Bhopal office lodged a complaint against Narayan Niryat India Pvt. Ltd., promoter Kailash Chandra Garg and 14 others based on a CBI FIR, with the Special Court (PMLA) taking cognizance on December 5.
- The ED alleges the firm fraudulently raised roughly Rs 110.50 crore in LCs and EPC, routed funds through Ambika Solvex group entities without real exports, and faces prior attachment of 37 properties valued at Rs 27.67 crore.