
The Enforcement Directorate (ED) has attached assets worth ₹33.66 crore in a case involving Birla Emporium and Ira Finance. The probe, initiated based on a Manipur police FIR, alleges that director Yumnam Irabanta Singh and associates operated a fraudulent investment scheme from 2019-2021. They are accused of cheating approximately 5,000 investors of ₹250 crore by promising high returns and then siphoning off funds to acquire properties. Total attachments in the case now exceed ₹61 crore.
Select a news story to see related coverage from other media outlets.