J&K bank fraud case: ED attaches property worth Rs 4.81 Cr

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 Srinagar: The Enforcement Directorate on Monday attached properties worth Rs 4.81 crore in the Jammu and Kashmir bank fraud case.

In a post on X, ED said that the Srinagar Zonal Office has provisionally attached immovable properties worth Rs.4.81 Crore in the form of 18 Kanal of land and buildings.

It said that the property belongs to Isfaq Ahmad Zargar of M/s Nikha Ornaments (12.5 Marla), Khalil Ahmad Mughal of M/s JK Gold Jewelry (14 Kanal 16 Marla), Md. Asaraf Dev of M/s Raf Raf Tours and Travel (1 Kanal 12 Marla) and Md. Sayed Kaushar Niyazi  of M/s Sayed Tours and Travels ( 17 Marla).