New Delhi, Dec. 31 -- The Enforcement Directorate (ED) has attached a United Kingdom-based high-value property located near Buckingham Palace in a Rs 1,400 crore bank fraud case, the agency said on Wednesday.

The property, valued at approximately Rs 150 crore, is being held under the beneficial ownership of businessman Nitin Shambhukumar Kasliwal and his family members. Kasliwal, former Chairman and Managing Director of S Kumars Nationwide Limited, is accused of defrauding a consortium of Indian banks by Rs 1,400 crore, according to multiple First Information Reports.

ED's Indore sub-zonal office issued the Provisional Attachment Order (PAO) on December 30, 2025, to attach the high-value property.

The move comes a week after the ED, du...