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Probe Agency ED Seizes Properties Worth Rs 10,000 Crore In Money Laundering Case

NDTV India News·18 February 2026·6d ago1 min read0 views
Probe Agency ED Seizes Properties Worth Rs 10,000 Crore In Money Laundering Case

The Enforcement Directorate (ED) has taken significant action in the ongoing PACL money laundering investigation by provisionally attaching 247 immovable properties valued at over Rs 10,021 crore. This move is part of the agency's efforts to combat financial wrongdoing and follows a lengthy investigation into PACL's operations, which allegedly defrauded numerous investors. The attached properties span various locations and types, reflecting the extensive nature of the financial misconduct involved. The ED's actions underscore its commitment to enforcing financial regulations and recovering assets linked to illegal activities. The PACL case has been a focal point for the agency as it navigates complex financial crimes and seeks to restore investor confidence in the market. As the investigation continues, the ED aims to hold accountable those responsible for the alleged fraud and ensure that affected investors receive justice.

Originally reported by NDTV India News. Read original article

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