ED yet again attaches properties of Unitech Grp, this time worth Rs 197 cr
New Delhi: The ED has yet again attached properties of Unitech Group, this time worth Rs 197 crore in relation to a money laundering scam allegedly committed by the real the group.
The ED had recently attached asset worth Rs 152 belonging to the Group or its benami firms.
This time 10 properties have been attached by ED which includes a resort each in Kerala and Gangtok under the provisions of PMLA.
"The registered value of these immovable properties is Rs 197 crore and these immovable properties are owned by the various entities of Carnoustie Group. "The Unitech Group had diverted proceeds of crime to the tune of Rs 325 crore to Carnoustie Group and in turn, the entities of Carnoustie Group purchased several immovable properties from these funds," the ED claimed in a statement.
A criminal has been filed under PMLA against the realty firm and its promoters over allegations that the promoters have illegally siphoned off Rs 2,000 crore to Cyprus and Cayman Island.