News > ED attaches assets worth Rs 380 cr of Sachin Joshi in PMLA case
ED attaches assets worth Rs 380 cr of Sachin Joshi in PMLA case
Orissa Post | 15/01/2022 06:45 PM | Click to read full article
The Enforcement Directorate (ED) Saturday said that they have attached properties worth Rs 380 crore of a company belonging to Sachin Joshi under the Prevention of Money Laundering Act (PMLA).
The ED said that they attached two properties out of which one is in Worli and the second is in Pune. The ED during investigation found that loan amount Rs 410 crore was fraudulently acquired by Surana Developers Wadala, LLP, a sister concern of ORDPL through falsely increased slum dwellers numbers and FSI.