Mumbai, May 10 -- The Enforcement Directorate (ED) has provisionally attached immovable and movable assets worth Rs 188.41 crore in a money laundering case linked to Dnyanradha Multistate Co-operative Credit Society Ltd (DMCSL).

The probe revealed that DMCSL management, led by Suresh Kute, allegedly defrauded over 4 lakh investors, diverting funds to Kute Group entities for personal benefits.

"Directorate of Enforcement (ED), Mumbai Zonal Office has provisionally attached immovable and movable assets valued at Rs 188.41 Crore (approx.) on May 9, 2025, in the case of M/s. Dnyanradha Multistate Co-operative Credit Society Ltd (DMCSL), Suresh Kute & others under the provisions of Prevention of Money Laundering Act (PMLA), 2002. The assets ...