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ED hands over ₹22,000 cr worth properties attached under PMLA to owners
The New Indian Express Tirunelveli
|December 18, 2024
THE Enforcement Directorate (ED) has handed over properties worth ₹22,280 crore attached under Prevention of Money Laundering Act (PMLA) to victims or their legitimate claimants, finance ministry has informed parliament.
The properties include ₹14,132 crore returned to banks in the Vijay Malaya bank fraud case, ₹1,053 crore in Nirav Modi case. Recently, the ED handed over ₹4,025 crore worth of assets attached in the Bhushan Power and Steel case to JSW, which acquired the company via the insolvency process in 2019.
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The New Indian Express Tirunelveli
Edappadi accuses Stalin of 'selective sympathy' to reap political gains
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