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The Hindu

National

Devesh K Pandey

Karvy Group case: ED attaches assets worth Rs.110.70 crore

The Enforcement Directorate (ED) has attached movable and immovable assets worth ₹110.70 crore in a money laundering case registered against Karvy Stock Broking Limited (KSBL), its chairman Comandur Parthasarathy and others in the ₹2,800-crore Karvy scam, said the agency on July 30. The total attachment of ₹2,095 crore has been done in the case.

The newly attached properties are in the form of land parcels, buildings, shareholdings, cash, foreign currency and jewellery. Mr. Parthasarathy and Group chief financial officer (CFO) G. Hari Krishna were earlier arrested by the ED and they are currently out on bail.

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