The Enforcement Directorate (ED) has filed a Prosecution Complaint (PC) before the Special PMLA Court, Patna in connection with the Rs 83.5 crore fraud at Vaishali Sahari Vikash Cooperative Bank. The bank officials bypassed rules sanctioned fake loans to 383 accounts and fraudulently issued loans worth Rs 79.02 crore. An additional Rs 4.48 crore was misappropriated through bank staff. The alleged officials of this bank had used fake warehouse receipts, LIC policies, and JLG records to cover up cash shortages. From the aforesaid embezzled amount, funds of around Rs. 25 Crore, transferred via RTGS/IMPS/NEFT, were traced to bank accounts associated with Nitin Mehra, his firm — Mehra Travels, and N. Dimension. ED seeks the conviction of all accused in this major financial fraud. Gopi Adusumilli is the editor of SocialNews.XYZ and President of AGK Fire Inc.