ED opens probe into Zee founder Subhash Chandra over alleged Rs 1,322-crore loan fraud

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The Enforcement Directorate has initiated an investigation against Zee group founder Subhash Chandra in connection with an alleged loan fraud worth Rs 1,322 crore. The probe centers on the financial dealings linked to the loans and whether they involved misuse of funds. Officials have not publicly detailed the full scope of the allegations at this stage. The case has drawn attention given Chandra's prominent position in India's media industry. Further findings from the agency's inquiry are awaited.

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