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ED attaches assets worth Rs 37 crore in J&K mediclaim scam

IndiaTimes Friday, 19 January 2024
In the J&K mediclaim insurance scam, ED on Thursday said it has attached properties and bank balances worth Rs 37 crore of Reliance General Insurance Pvt Ltd (RGIPL) and Trinity Reinsurance Brokers (TRBL) related to fraudulent awarding of tenders for mediclaim insurance policy for J&K govt employees and pensioners.The attachment included land worth Rs 4 crore of Globus Trade Links Pvt Ltd, a subsidiary of TRBL and fixed deposit receipts of Rs 32.5 crore of Reliance General Insurance Pvt Ltd.
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