Editor’s Note
This report details the arrest of businessman Sanjay Surekha by the Enforcement Directorate in connection with a major alleged bank fraud. The seizure of high-value assets during a raid underscores the scale of the ongoing investigation.
Kolkata: The Enforcement Directorate (ED) has arrested steel company owner Sanjay Surekha. The businessman was arrested late last night. He is accused of defrauding 16 banks of Rs 6,000 crore. Is this money somehow smuggled abroad? The investigating agency is looking into this. It may be noted that during yesterday’s ED raid, gold ornaments worth Rs 4.5 crore and luxury cars were seized from his house located in Kolkata. He will be produced in the ED’s special court this afternoon.
The ED conducted raids at 10 locations linked to Surekha, including his residence in Baliganj, from where gold ornaments and several foreign-made luxury cars were seized. According to sources, this arrest is part of an investigation into a Rs 6,000 crore bank fraud linked to at least 16 banks across the country. Sources revealed that Surekha took a loan of Rs 6,000 crore through multiple accounts and claims, but failed to repay it.
The ED had been investigating Surekha’s role in this fraud case for over a year. During interrogation, he could not give satisfactory answers regarding the misuse of funds and the seized ornaments. Furthermore, Surekha could not produce valid documents for the valuables found at his residence.
(Report – Onkar Sarkar)
