MUMBAI: The enforcement directorate (ED), probing money laundering angle in a bank fraud case, on Friday has provisionally attached 70 immovable properties located at five locations in Maharashtra and moveable assets such as silver and diamond jewellery etc collectively valued at Rs 315.6 crore.
The assets provisionally attached by the ED are located in Jalgaon, Mumbai, Thane, Sillod and Kutch among other areas. Moreover, movable assets like windmills, silver and diamond jewellery, bullion and Indian currency were also attached. The attachment comes in a bank fraud case of M/s Rajmal Lakhichand Jewelers Pvt. Ltd., M/s R L Gold Pvt. Ltd., and M/s Manraj Jewelers Pvt. Ltd and others under the Prevention of Money Laundering Act (PMLA). The attached assets include the benami properties acquired by the promoters Ishwarlal Shankarlal Jain Lalwani, Manish Ishwarlal Jain Lalwani and others.
