The Directorate of Enforcement (ED) has provisionally attached movable and immovable properties worth around ₹1.88 crore of alleged conman and self-styled antique dealer Monson Mavunkal and his family members.
The assets were attached for being proceeds of crime under provisions of the Prevention of Money Laundering Act (PMLA), 2002. They included one residential premises, 10 KSFE term deposits/Sugama belonging to Monson and his family members.
The ED had initiated investigation on the basis of multiple first information reports registered by the Kerala Police under various sections of the Indian Penal Code against Monson and his accomplices.
