New Delhi, Dec. 31 -- The Enforcement Directorate (ED), Indore Sub-Zonal Office, said on Wednesday that it has attached a high-value property worth Rs 150 crore located in a prime area of London, near Buckingham Palace.
The immovable property is held under the beneficial ownership of Nitin Shambhukumar Kasliwal and his family members.
Nitin Shambhukumar Kasliwal, former chairman and managing director of S. Kumars Nationwide Limited, is accused of defrauding a consortium of Indian banks of approximately Rs 1,400 crore, according to multiple FIRs.
During the investigation, the ED conducted searches and seized various incriminating records along with digital devices.
A detailed analysis of the material revealed that Nitin Kasliwal had esta...