The Enforcement Directorate (ED) on August 3 attached assets worth ₹415 crore in the Yes Bank-Dewan Housing and Finance Corporation (DHFL) fraud.
The Central agency attached ₹251 crore of Sanjay Chhabria, a Mumbai-based realtor and assets worth ₹164 crore of Avinash Bhosale, chairman of a real estate group ABIL under the provisions of the Prevention of Money Laundering Act. As per ED’s press release, Mr. Chhabria’s assets include a land parcel located in Santacruz, Mumbai worth ₹116.5 crore, 25% equity shares of his company is held in a land parcel, located at Bengaluru which is worth ₹115 crore, there is a flat at Santacruz, Mumbai worth ₹3 crore and all the profit receivable from the hotel belonging to him at Delhi Airport is worth ₹13.67 crore along with three high end luxury cars worth ₹3.10 crore.
Mr. Bhosale has a duplex flat in Mumbai worth ₹102.8 crore, one land parcel located at Pune is worth ₹14.65 crore, another land parcel at Pune is worth ₹29.24 crore, two land parcels at Nagpur are worth Rs. 15.52 crore and ₹1.45 crore respectively.
