New Delhi, Oct. 31 -- The Enforcement Directorate (ED) has attached shares worth Rs. 127.3 crore in two immovable properties-Alchemist Hospital and Ojas Hospital in Panchkula-beneficially owned by Karan Deep Singh.
This action is part of an ongoing money laundering investigation into M/s Alchemist Group, its directors, promoters, and associated entities concerning large-scale fraud and the misappropriation of public funds.
The ED initiated its investigation based on a First Information Report (FIR) originally registered by the Kolkata Police and later taken up by the Central Bureau of Investigation (CBI), ACB Lucknow.
The FIR was filed under Sections 120-B (criminal conspiracy) and 420 (cheating) of the Indian Penal Code against Alchemis...