ED attaches assets worth â¹1,122-crore of Diamond Power Infra
The Enforcement Directorate has attached assets worth â¹1,122 crore of Vadodara-based Diamond Power Infrastructure in connection with its money laundering probe in a bank fraud case. These assets include windmills and an under-construction hotel. The company allegedly defrauded 11 banks of â¹2,654 crore by obtaining enhancement in credit facilities with active connivance of various bank officials.