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The Economic Times
The Economic Times

ED freezes Rs 526 crore bank deposits in PMLA case against Gameskraft

ED Gameskraft the Enforcement Directorate Bengaluru New Delhi

The Enforcement Directorate on Thursday said it has frozen Rs 526-crore bank deposits and seized gold jewellery worth Rs 3.5 crore along with Rs 11 lakh in cash after it concluded searches in a money laundering case against online gaming platform Gameskraft and its founders, officials said Thursday.

The searches against the Bengaluru-based company were launched on May 7 in Delhi-NCR and the capital city of Karnataka. The raids concluded on May 13, the agency said in a statement.

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