India, July 18 -- The Enforcement Directorate (ED) has provisionally attached immovable assets worth GBP 2.07 lakh (around Rs.2.3 crore), including a building and land, located in United Kingdom (UK) and belonging to one of the promoters of a real estate firm, as part of its money laundering investigation in an alleged Rs.85.75 crore cheating case.

The attached assets belong to Jayesh Tanna, one of the promoters of the Sai Group of entities and his wife, ED officials said. The accused entity and persons allegedly caused losses worth Rs.85 crore to investors and prospective buyers of flats, among others, by siphoning off funds from certain redevelopment projects for their personal use, said ED officials.

The attachments of the properties...