New Delhi, Jan. 30 -- The Enforcement Directorate (ED), Hyderabad Zonal Office, announced on Friday that it has successfully completed the restitution process of five attached immovable properties, valued at Rs 2.55 crore (as per the FIR date of 19.10.2011), to the Punjab National Bank (PNB).
The properties were attached during a PMLA investigation into the case of Ghanshyamdas Gems & Jewels and its Managing Partner, Sanjay Agarwal. The immovable properties restored by the Court include a plot and agricultural lands located in Telangana's Ranga Reddy and Medak districts. The present market value of these restituted properties is Rs 16 crore.
The ED initiated its PMLA probe based on an FIR registered by the Central Bureau of Investigation ...