New Delhi, June 1 (IANS) The ED attached 14 immovable properties, worth Rs 1,595.85 crore, belonging to Gian Sagar Educational & Charitable Trust and located at Ramnagar, Punjab, in connection with a Rs 48,000 crore Ponzi scheme of Pearl Agrotech, an official said on Monday. The attached 14 properties have been identified as having been acquired from investor funds, constituting Proceeds of Crime, the ED said.The Directorate of Enforcement (ED), Delhi Zonal Office, took the action under the …
Latest PACL Ltd News & Updates
New Delhi, Feb 18 (IANS) The Enforcement Directorate (ED), Delhi Zonal Office-II, has provisionally attached 247 immovable properties worth Rs 10,021.46 crore under the Prevention of Money Laundering Act (PMLA) in connection with its ongoing probe into the alleged multi-crore fraud involving PACL Ltd and its related entities, an official statement said on Wednesday.The attached properties are located in SAS Nagar (Mohali), Rupnagar and Zirakpur in Punjab, and are suspected to have been acquired …