ED Opens New Probe Against Subhash Chandra in Rs 1,322 Crore Loan Fraud
The Enforcement Directorate has registered an ECIR against Essel Group chairman Subhash Chandra for an alleged Rs 1,322 crore loan fraud involving LIC Housing Finance. This follows a CBI FIR related to two loan facilities worth Rs 980 crore sanctioned to Essel Group-linked companies in 2018. Zee Entertainment stated the case does not impact its operations.
Economic Times·




