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The Hindu
The Hindu
National
PTI

Disposal of PACL assets has fetched ₹878.20 crore so far: Govt. data

The Justice R.M. Lodha Committee has recovered ₹878.20 crore so far by disposing of immovable assets of PACL Limited for refunding investors allegedly cheated by the firm being probed in a ₹60,000-crore ponzi scam case, officials said on August 4.

The CBI has handed over 42,950 property documents to the committee besides 79 luxury cars from PGF and PACL including Rolls Royce, Porsche Cayenne, Bentley, BMW 7-series, they said.

The Lodha committee has received claims from 1.5 crore investors so far seeking refund of the investments from Pearl Agro Corporation Limited (PACL) and associated companies, according to government data.

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