New Delhi: The Enforcement Directorate (ED) has provisionally attached 24 immovable properties and various movable properties in the form of cash, luxury cars, mutual funds, FDRs and bank balances totaling Rs 82.12 crore in the alleged bank fraud case of Parabolic Drugs Limited, the federal probe agency claimed on Wednesday.
These attached properties are relatable to the Proceeds of Crime (PoC) allegedly acquired by Pranav Gupta, Vineet Gupta, Chartered Accountant Surjeet Kumar Bansal, their family members and others under the Prevention of Money Laundering Act (PMLA), 2002, ED claimed in its communique.
Taking to X formerly known as Twitter, ED said, "ED, Chandigarh has provisionally attached 24 immovable properties and various movable properties in the form of Cash, Luxury Cars, Mutual Funds, FDRs, Bank Balances all totaling to Rs.82.12 crore (approx.) belonging to Pranav Gupta, Vineet Gupta, Chartered Accountant Surjeet Kumar Bansal, their family members and others under the Prevention of Money Laundering Act (PMLA), 2002 in bank fraud case of Parabolic Drugs Limited (sic)."
