New Delhi, Nov. 3 -- The enforcement directorate (ED) has provisionally attached over 132 acres of land in Dhirubhai Ambani Knowledge City (DAKC), Navi Mumbai, Maharashtra, valued at approximately Rs.4,463 crore under the Prevention of Money Laundering Act.
This brings the total asset seizures to more than Rs.7,500 crore in cases involving Reliance Communications Ltd (RCom), Reliance Commercial Finance Ltd, and Reliance Home Finance Ltd, the investigating agency said on Monday.
ED, in a statement, said that earlier it had attached 42 properties belonging to these companies in the case. ED initiated the investigation based on a central bureau of investigation (CBI) FIR under various provisions of the Indian Penal Code and the Prevention ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.