alexa
 
Home News Kolkata Businessman Arrested For Converting INR 25 Crores In Old Currency

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Kolkata Businessman Arrested For Converting INR 25 Crores In Old Currency

Kolkata Businessman Arrested For Converting INR 25 Crores In Old Currency

Thursday, December 22, 2016, 4:18 PM

The Enforcement Directorate arrested businessman Parasmal Lodha, for converting over INR 25 crores in demonetized currency, into new currency notes. Reports said Lodha has links with industrialist J Shekhar Reddy, who was arrested along with his associate, K Srinivasulu. Reddy and Srinvasulu were arrested for illegally exchanging demonetized rupee notes for new ones and going against RBI guidelines.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!