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The Times of India
The Times of India
Business
PTI

ED files money laundering case in ABG Shipyard bank loan case

ED New Delhi

NEW DELHI: The ED has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of banks of over Rs 22,842 crore, official sources said on Wednesday.

The action comes days after the CBI registered an FIR in the country's biggest alleged bank loan fraud case.

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