New Delhi, Feb. 24 -- In a significant development, the Directorate of Enforcement (ED) has successfully reinstated attached properties worth approximately Rs 3,339 crore (at the time of attachment) to the victims of the Agri Gold Ponzi scheme. The current market value of these assets is estimated to be over Rs 6,000 crore.

This restitution exercise marks a significant step in ED's efforts to restore properties to their rightful claimants and to ensure that Proceeds of Crime (POC) are returned to those affected.

https://x.com/dir_ed/status/1894013402617614521

Making the announcement on Monday, ED said it had filed restitution application under the Prevention of Money Laundering Act (PMLA), 2002 before the special court in Hyderabad for...