New Delhi, October 9: The Enforcement Directorate (ED) has attached 10 immovable properties worth Rs 55.17 crore in a money laundering case involving M/s RA Distributors Pvt Ltd and others. This case is also known as the Afroz Fatta Case.
In a statement issued on Monday, the ED said that on October 6, the names of Pankaj Kapoor, Vijen Girishchandra Jhaveri, and their family members were booked in the case of M/s RA Distributors and others (Afroz Fatta) under the provisions of the Prevention of Money Laundering Act (PMLA)-2002. About ten immovable properties worth Rs 55.17 crore held at the bank have been temporarily seized.
The central investigating agency, ED, said in a statement that it has already issued nine provisional attachment orders in this case, seizing properties worth Rs 60 crore. ED has so far seized assets worth Rs 115 crore in this case.
