The Directorate of Enforcement, Bhubaneswar Zonal Office, has attached assets belonging to the Golden Land Group of Companies, including 1,000 acres of land spread across Odisha and Andhra Pradesh. https://t.co/yqtF8FcZR5
ED attaches 24 more properties worth ₹193.5 crore in Goa land grab case https://t.co/XSVqgXhzRY
ED attaches property worth Rs 5.92 crore of ex-IAS officer Pradeep Sharma under PMLA https://t.co/t3L08EQRTy
The Indian government has authorized the Indian Cyber Crime Coordination Centre to exchange information with the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA) to enhance detection of money trails and combat cyber fraud. The ED has recently reported several asset attachments and recoveries in various cases. It recovered approximately INR 29,000 crore for scam victims and banks. In Bengaluru, the ED seized Rs 2.25 crore in connection with a con woman impersonating the sister of politician D K Shivakumar. In Goa, the ED's Panaji office provisionally attached 24 immovable properties valued at Rs 193.49 crore linked to a land grab case. The Ahmedabad office attached assets worth Rs 5.92 crore related to a case involving retired IAS officer Pradeep Sharma. Additionally, the ED attached assets worth Rs 1,528 crore belonging to a Delhi-based chit fund company in Odisha. The Bhubaneswar Zonal Office attached assets of the Golden Land Group of Companies, including 1,000 acres of land across Odisha and Andhra Pradesh. These actions reflect the ED's intensified focus on victim compensation and asset recovery under anti-money laundering laws.