ED seizes Gurgaon firm Amtek group’s Rs 5,000 crore assets in Rs 27,000 crore bank fraud

The Enforcement Directorate has attached assets worth Rs 5,115 crore belonging to Amtek Auto Ltd as part of a money laundering investigation. The company is accused of diverting Rs 27,000 crore from government banks. Promoter Arvind Dham allegedly used over 500 shell companies to launder funds and invest in high-value properties.