Supreme Court asks Enforcement Directorate to seize local assets of JPMorgan – report

The Supreme Court on Monday directed the government’s crime fighting agency to seize local assets of JPMorgan in relation to some transactions the bank engaged in with a local real estate company in 2010, according to a Press Trust of India report in Business Standard. JPMorgan declined to comment on the news. India’s Enforcement Directorate (ED) did not immediately respond to a Reuters email requesting comment. …read more

Source:: Yahoo Finance

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