New Delhi, Nov. 24 -- In a major step towards restitution of assets in the multi-crore Punjab National Bank (PNB) fraud case linked to fugitive Mehul Choksi, the Enforcement Directorate (ED) has handed over four attached flats in Mumbai to the liquidator.
ED's Mumbai Zonal Office took the step by handing over these flats from the Tatva Urja project in Mumbai's Borivali (East) to the liquidator on November 21.
These properties, attached in the money-laundering case involving Mehul Choksi and others, will now be monetised for the benefit of victims, secured creditors, and other eligible claimants, said the ED in a statement on Monday.
With this, immovable and movable assets worth a cumulative Rs 310 crore located in Mumbai, Kolkata, and ...
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