In a fraud case against the Sada Urban Co-operative Credit Society Limited (SUCCSL), the Enforcement Directorate (ED), Panjim Zonal Office, has provisionally attached two immovable properties located in Vasco, valued at Rs 1.05 crore under the Prevention of Money Laundering Act (PMLA), 2002.
According to a statement, ED initiated investigation on the basis of First Information Report (FIR) and a subsequent charge-sheet filed by Goa Police against Uma Nilesh Hondad alias Uma Raju Helawar, the then Branch Manager of the Zuarinagar Branch of SUCCSL, and others for cheating, forgery, and misappropriation of the society’s funds to the tune of Rs 1.28 crore.