India, Feb. 12 -- The Enforcement Directorate (ED) has provisionally attached assets worth Rs.1.03 crore belonging to suspended Bank of India (BOI) officer Hitesh Singla, accused of siphoning off Rs.16.80 crore from 230 customer accounts over two years.

The attachment was carried out on Monday under the Prevention of Money Laundering Act (PMLA). The seized assets include properties and bank balances parked in mule accounts allegedly used to route and layer the proceeds of crime. The attached assets included a plot of land worth Rs.11 lakh, and bank balances in mule accounts linked to certain betting platforms. The agency scoured around 150 mule accounts in order to locate the accused's funds.

According to the ED, Singla fraudulently clo...