ED freezes Rs 209 crore assets in Rs 4,000 crore bank fraud case against Maharashtra businessman Manoj Jayaswal

The Enforcement Directorate froze assets worth Rs 209 crore and seized Rs 55 lakh in cash from businessman Manoj Jayaswal’s firm, Corporate Power Limited. The investigation revealed a loan fraud of Rs 4,000 crore, with Rs 11,300 crore including interest. Multiple shell companies and charitable organizations were utilized for money laundering, resulting in significant financial irregularities.