Directorate of Enforcement (ED), Mumbai Zonal Office has conducted searchoperations at multiple locations across Mumbai and Navi Mumbai under the provisions ofthe Prevention of Money Laundering Act (PMLA), 2002 on 17.06.2025. The searchoperation led to freezing of bank balances, Fixed Deposits and Mutual funds to the tune ofapprox Rs. 44 Crore and seizure of cash … Read more
Directorate of Enforcement (ED), Lucknow Zonal Office has provisionally attached an immovable propertyworth Rs.27.01 Crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in thecase of Bhasin Infotech and Infrastructure Pvt. Ltd. (BIIPL) and its Director Satinder Singh Bhasin. The attachedproperty is a residential independent house located at D-24, Rajouri Garden, … Read more
Directorate of Enforcement (ED), Hyderabad Zonal Office has successfully accomplished the process ofrestitution of attached properties worth Rs. 611 Crore (approx.) (value of properties at the time ofattachment) to the victims of Ponzi schemes launched by Agri Gold group of companies. The presentmarket value of the impugned properties is expected to be more than Rs. … Read more