ED Charges Duplex Industries With ₹295 Crore Bank Fraud

The Enforcement Directorate (ED) says a company called Duplex Industries and its directors did something wrong with money.

They are accused of taking a lot of money, about ₹295 crore, from a bank and not paying it back.

The ED thinks they pretended to sell things to other companies that didn't really exist.

They also made it look like they were exporting and importing things when they weren't.

This helped them get loans from the bank.

The people in charge of the company are now facing charges, but they were not arrested.

The ED is looking into what happened to the money.