ED Gets Nod To Confiscate Rs 127-Cr Assets Of Fugitive Shine City Promoter Rashid Naseem
NEW DELHI: In one of the first confiscations through the Fugitive Economic Offenders Act mechanism in Uttar Pradesh, the Enforcement Directorate (ED) has received approval to confiscate movable and immovable assets worth Rs 127 crore belonging to fugitive Rashid Naseem and the Shine City Group of Companies. The confiscation move comes after the agency designated…