New Delhi, Feb. 5 -- The Enforcement Directorate (ED), Mumbai Zonal Office, today said it has attached immovable properties-including flats and plots across Maharashtra.worth Rs 69.84 crore in a money laundering case related to an alleged bank fraud by Parekh Aluminex Limited (PAL) and others.
The attached assets are held in the name of Kamlesh Kanungo, his family members, and entities beneficially owned and controlled by him.
The ED initiated its investigation under the Prevention of Money Laundering Act (PMLA) based on an FIR (first information report) registered by the CBI's Economic Offences Branch, Mumbai, against Parekh Aluminex Limited, its late promoter Amitabh Arun Parekh, Kamlesh Kanungo, and others for offences under various se...