Tag: #moneylaundering

ED Attaches Properties Worth Rs 23.13 Crore in Punjab Under PMLA in Hacienda Projects Fraud Case

October 29, 2024

The Directorate of Enforcement (ED), Lucknow Zonal Office, has provisionally attached five immovable properties valued at Rs 23.13 crore, consisting of agricultural land and industrial plots located in Hoshiarpur, Fatehgarh Sahib, and Mohali, Punjab. These properties are held in the names of Moonlight Propbuild Pvt Ltd and Elco Global Ventures LLP and have been attached […]

ED Attaches Properties Worth Rs 23.13 Crore in Punjab Under PMLA in Hacienda Projects Fraud Casemore

ED Attaches Rs 335 Crore Worth of Unitech Group Assets under PMLA.

October 23, 2024

The Enforcement Directorate (ED) has attached fresh assets valued at Rs 335 crore belonging to the Unitech Group and an associated company under the Prevention of Money Laundering Act (PMLA), according to a statement released on Tuesday. The provisional attachment order targets movable properties worth Rs 319 crore and Rs 16 crore, associated with Unitech […]

ED Attaches Rs 335 Crore Worth of Unitech Group Assets under PMLA.more

ED Attaches 401.65 Acres of Land Worth Rs 834.03 Crore Belonging to Emaar India and MGF Developments

August 31, 2024

NEW DELHI: The Enforcement Directorate (ED) has taken action by attaching immovable properties covering 401.65479 acres, with a total value of Rs. 834.03 crore, belonging to EMAAR India Ltd and MGF Developments Ltd, according to an official statement released on Thursday. Among these assets, EMAAR India Ltd’s properties are valued at approximately Rs 501.13 crore, […]

ED Attaches 401.65 Acres of Land Worth Rs 834.03 Crore Belonging to Emaar India and MGF Developmentsmore

No PMLA property attachment following a planned offense conviction: Delhi High Court

May 3, 2024

The Delhi High Court has ruled that, even in cases where an appeal against the accused’s acquittal in the predicate offence is still pending, no actions taken under the Prevention of Money Laundering Act (PMLA), including the attachment of properties, may proceed after the accused is found not guilty. In a ruling made public on […]

No PMLA property attachment following a planned offense conviction: Delhi High Courtmore

Director of Supreme Construction’s FD worth Rs 113 crore is attached by ED.

April 21, 2024

MUMBAI: A villa in Aamby Valley, several residential and commercial buildings in Mumbai, land parcels in Raigarh District, and fixed deposits totaling Rs. 113.5 crore connected to builder Lalit Tekchandani and his associates in a money laundering case are among the properties that the Enforcement Directorate (ED) has provisionally attached. In a previous instance, the […]

Director of Supreme Construction’s FD worth Rs 113 crore is attached by ED.more

In the PMC bank scam case, ED attaches a 1,807-acre land lot in Sindhudurg.

April 13, 2024

NEW DELHI: 413 agricultural land parcels in Sindhudurg, Maharashtra, totaling over 1,807 acres have been attached by the Directorate of Enforcement (ED) about a bank loan fraud case involving Punjab and Maharashtra Co-operative Bank (PMC). The agency stated on Tuesday that the 1,807 acres that were attached had a registered value of Rs 52.90 crore, […]

In the PMC bank scam case, ED attaches a 1,807-acre land lot in Sindhudurg.more