ED attaches assets worth Rs 110 cr in Karvy scam ...Middle East

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ED attaches assets worth Rs 110 cr in Karvy scam
source : Devdiscourse ( Middle East ) () 46
The Enforcement Directorate (ED) has attached movable and immovable assets worth Rs 110 crore in its ongoing case in the Rs 2,800 crore Karvy scam, the agency said on Saturday. The federal agency identified additional assets and provisionally attached properties in the form of lands, buildings, shareholdings, cash, foreign currency and jewellery worth Rs 110 crore under the Prevention of Money Laundering Act (PMLA), 2002, in the investigation against Karvy Stock Broking Ltd (KSBL) and its Chairman Comandur Parthasarathy and others.

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