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First ever: ED auctions seized aircraft Hawker 800A in Falcon scam
In a significant move, the Enforcement Directorate has successfully auctioned a Hawker 800A aircraft for Rs 3 crore. This marks the first time the ED has disposed of an aircraft. The plane was seized in connection with a Rs 792 crore bogus invoice discounting scam run by Capital Protection Force Pvt Ltd. Proceeds from the sale will be used to compensate defrauded investors, pending court approval.
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economictimes.indiatimes.com
First ever: ED auctions seized aircraft Hawker 800A in Falcon scam
In a significant move, the Enforcement Directorate has successfully auctioned a Hawker 800A aircraft for Rs 3 crore. This marks the first time the ED has disposed of an aircraft.…
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thehindubusinessline.com
In a first, ED auctions a seized aircraft in Hyderabad
ED makes history by auctioning a seized Hawker 800A aircraft in Hyderabad, marking a significant enforcement milestone.
