ED attaches Rs 1,217cr assets of Choksi; examines PNB MD
BY Agencies1 March 2018 11:30 PM IST
Agencies1 March 2018 11:34 PM IST
NEW DELHI: The Enforcement Directorate (ED) on Thursday said it had attached 41 properties, valued at over Rs 1,200 crore, in connection with its money laundering probe in the PNB scam against Gitanjali Gems and its promoter Mehul Choksi.
It also examined Punjab National Bank's Managing Director and CEO Sunil Mehta at its zonal office in Mumbai on Thursday.
The ED had early this week examined state-owned bank's Executive Director K V Brahmaji Rao to understand how the alleged fraud was detected and other banking procedures.
The central probe agency issued a provisional order for attachment of assets under the Prevention of Money Laundering Act (PMLA).
Next Story