LUCKNOW, March 28 -- The Lucknow zonal office of the Enforcement Directorate (ED) has attached a building worth around Rs.69.50 lakh of M/s Ranjana Associates located at a plot in Sector-7 of Meerut's Jagriti Vihar under the provisions of the Prevention of Money Laundering (PMLA) Act 2002, senior ED officials confirmed on Friday.
In a press note shared with media, the ED officials said the attached property was built using proceeds from the illegal sale of shops by Pankaj Gupta, a partner of M/s Ranjana Associates. They said the ED's investigation uncovered serious violations, including the unlawful sale of shops using forged documents, leading to significant financial loss to the public.
A senior ED official said the investigation was ...
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