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Fish farming fraud: ED attaches assets of Pappu Singh, family worth Rs 51.43 cr

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Published : Jan 2, 2020, 6:41 AM IST

The Enforcement Directorate on Wednesday informed that it has attached movable and immovable assets worth Rs 51.43 crore belonging to Kumar Pappu Singh, his family members and firms controlled by him in connection with the IDBI fish farming loan fraud case.

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New Delhi:The Enforcement Directorate (ED) has attached movable and immovable assets worth Rs 51.43 crore belonging to Kumar Pappu Singh, his family members and firms controlled by him in connection with the IDBI fish farming loan fraud case.

The assets were attached under the Prevention of Money Laundering Act (PMLA).

According to the economic offences watchdog, the attached assets include house sites, fish tanks, poultry farms and balances in bank accounts.

"ED attaches under PMLA, House sites, Fish Tanks, Poultry Farms and balances in bank accounts totalling Rs 51.43 crore belonging to Kumar Pappu Singh and others in a #bankfraud case," the ED said in a tweet on Wednesday.

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