The Enforcement Directorate has taken possession of four villas and 6.75 acres of land in Munnar district as part of a money laundering investigation against the banned Popular Front of India.
The assets are worth a total ₹2.53 crore (book value) and belong to Munnar Villa Vista Pvt Ltd. They were provisionally attached by the federal probe agency on January 7 and the adjudicating authority of the Prevention of Money Laundering Act (PMLA) confirmed it on June 30, the ED said in a statement on Saturday.