The Enforcement Directorate has seized and identified assets worth three thousand eight hundred 30 crore rupees in connection with its probe in the PMC Bank money laundering case.
The probe agency said it is valuing a number of properties of Housing Development and Infrastructure Limited, HDIL, its directors, promoters, Punjab and Maharashtra Co-operative, PMC Bank officials and others.
The identified assets will soon be attached under the Prevention of Money Laundering Act, PMLA. The ED said, further probe is in progress to identify and locate the balance proceeds of crime.
The ED case is based on an FIR filed by the Economic Offences Wing, EOW of Mumbai police. The central agency had conducted raids in the case early this month.
Meanwhile, addressing a gathering, Home Minister Amit Shah said that around 80 per cent of the Bank’s customers will get all their money back once legal proceedings are over. His answer came as he sought to assuage concerns over the scandal-hit bank’s ability to pay its depositors.