Kolkata, April 18 -- The Enforcement Directorate (Kolkata Bureau) has attached immovable properties worth Rs 30 crore under provisions of the Prevention of Money Laundering Act (PMLA) from M/s TM Traders & M/s KK Traders (TP Global FX.
The properties attached included 60 hotel rooms and vacant land located at Seven Hills Pamban Island Resort, Rameswaram.
The attachment happened after the federal agency began a probe based on an FIR registered by Kolkata Police under various sections of IPC, 1860 against M/s T M Traders and M/s K K Traders, the ED said in a statement.
As per the Reserve Bank of India (RBI), the website TP Global FX is neither registered with the RBI nor does it have any authorisation from the RBI for forex trading.
The ...