ED attaches fresh Rs 40-cr worth assets in Karnataka

The Enforcement Directorate (ED) on Monday said it has attached fresh assets worth Rs 40 crore in connection with the Karnataka MUDA-linked money laundering investigation.

- NT Correspondent

A provisional order for attaching 34 immovable assets, including some MUDA (Mysuru Urban Development Authority) sites, was issued on October 4 under the provisions of the Prevention of Money Laundering Act (PMLA), they said.

The market value of these assets is Rs 40.08 crore, the federal probe agency said in a statement.

The money laundering case stems from an FIR of the Karnataka Lokayuktha Police.