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Court frames charges against Rose Valley Group, assets to be restituted to claimants
The New Indian Express Sambalpur|January 17, 2025
THE Special Court (PMLA) here on Wednesday framed charges against ponzi firm Rose Valley Group and its promoters accused of swindling a whopping ₹17,000 crore from depositors in different states of the country.
- EXPRESS NEWS SERVICE @Bhubaneswar

The court has also given its approval for the attached movable and immovable property to be restituted to the legitimate claimants.

The ED had filed a chargesheet against Rose Valley's promoters Gautam Kundu and Shibamoy Dutta in the Special Court here in 2016.

The central agency had attached movable property amounting to ₹332 crore (current value of more than ₹400 crore including interest) in 2014 and 2015 through provisional attachment orders in connection with the case registered under PMLA.

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Court frames charges against Rose Valley Group, assets to be restituted to claimants
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Bu hikaye The New Indian Express Sambalpur dergisinin January 17, 2025 sayısından alınmıştır.

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