Apr 24, 10:15 AM

ED attaches Rs 55.73 Crore in VMC Systems fraud in Hyderabad, Rs 73.62 Crore in Patra Chawl case involving Pravin Raut

The Directorate of Enforcement (ED) in Hyderabad has attached movable and immovable properties valued at Rs 55.73 Crore in a bank fraud case involving VMC Systems Limited under the Prevention of Money Laundering Act (PMLA), 2002. Additionally, the ED in Mumbai has attached immovable properties worth Rs 73.62 Crore related to the Patra Chawl redevelopment case, involving Pravin Raut and his associates in Palghar, Dapoli, Raigad, and Thane.