New Delhi, Dec. 31 -- In a high profile attachment in London under the Prevention of Money Laundering Act (PMLA), the Enforcement Directorate (ED) said on Wednesday that it has attached a property worth Rs.150 crore near the Buckingham Palace in London in a bank fraud probe against textile major S Kumars Nationwide Ltd.

S Kumars brand, which once defined premium clothing in India, went into liquidation in 2019. It is being investigated by the Central Bureau of Investigation (CBI) as well.

The anti-money laundering agency said in a statement that a provisional attachment order under PMLA was issued on Tuesday for "a high-value property valued at Rs.150 crore near Buckingham Palace, London".

"The property is being held under the benefici...