ED, Srinagar has filed Prosecution Complaint (PC) against M/s Trinity Reinsurance Brokers Limited (M/s TRBL), its Directors and others under the provisions of the PMLA, 2002 before the Special Court (PMLA), Srinagar on 20.06.2025. Cognizance of the Prosecution Complaint has also been taken by the Hon’ble Special Court on 20.06.2025

"On "25/06/2025", the "Enforcement Directorate (ED)" issued an update regarding "ED, Srinagar has filed Prosecution Complaint (PC) against M/s Trinity Reinsurance Brokers Limited (M/s TRBL), its Directors and others under the provisions of the PMLA, 2002 before the Special Court (PMLA), Srinagar on 20.06.2025. Cognizance of the Prosecution Complaint has also been taken by the Hon’ble Special Court on 20.06.2025". The ED investigation revealed that the Finance Department, Govt. of J&K, awarded the tender to M/s TRBL through a dubious selection process, resulting in a fraudulent disbursement of Rs 63.53 Crore to the company and its associates."