In a significant development, the Enforcement Directorate (ED) in Bhopal facilitated the restitution of properties valued at Rs 180.87 crore to banks affected by a high-profile bank fraud investigation. The Special Court (PMLA) at Indore issued an order on January 17, 2026, directing the restitution.
Properties worth Rs 106.5 crore, including three attached properties, are to be restituted to a consortium of banks led by the Punjab National Bank (PNB). Additionally, properties valued at Rs 74.37 crore, involving 21 attached properties, are to be returned to the IDBI Bank, not part of the consortium.
The restitution is linked to a money laundering probe related to M/s Zoom Developers Private Limited (ZDPL), an Indore-based consultancy and engineering services firm. The case began with a CBI FIR against ZDPL and its directors for allegedly cheating a consortium of banks led by PNB of nearly Rs 2,650 crore.
