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ED files charge sheet against Kudos chemie in bank fraud case
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TIWN

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New Delhi, Feb 21 (TIWN) The Enforcement Directorate (ED) on Saturday said that it has filed a charge sheet against Kudos Chemie Ltd., Kudos Holdings Pvt Ltd and its directors and Jitendra Singh and Gurmeet Sodhi in connection with a money laundering probe.
The chargesheet was filed before a special Prevention of Money Laundering Act (PMLA) court in Chandigarh against Kudos Chemie Ltd, Kudos Holdings Pvt Ltd and its directors Jitendra Singh and Gurmeet Sodhi on February 18, the agency said in a statement. The case is based on an FIR filed by the CBI in April 2017 against the company and its directors on charges of "bank fraud with the consortium of banks led by PNB".
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