New Delhi, July 24 -- The Enforcement Directorate (ED) has attached shares worth Rs.127.33 crore in two immovable properties - Alchemist Hospital and Ojas Hospital - located in Panchkula and "beneficially owned" by businessman Karan Deep Singh, as part of its probe against the Alchemist Group and its promoters into alleged large-scale fraud and misappropriation of public funds.

Karan Deep Singh is the son of former Rajya Sabha MP and Alchemist Group founder Kanwar Deep Singh. Kanwar Deep represented the Trinamool Congress in the Upper House from 2010 to 2014, but is no longer associated with the party.

The ED's money laundering probe against Alchemist Group is based on multiple FIRs registered by the CBI, Uttar Pradesh Police and West B...