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Agency attaches assets worth over Rs 951 crore in 2 cases

Agency attaches assets worth over Rs 951 crore in 2 cases

NEW DELHI: The ED on Wednesday attached assets worth over Rs 951 crore – over Rs 255 crore of Ramprastha Developers (RPDPL)in Delhi-NCR and more than Rs 696 crore of PACL at Panchkula in Haryana.In the PACL case, the promoters, through collective investment schemes, had allegedly raised and misappropriated around Rs 48,000 crore from investors. The agency has so far attached assets worth over Rs 2,100 crore in the case, in India and overseas.In its case against RPDPL, ED has attached assets worth over Rs 827 crore so far and arrested Arvind Walia and Sandeep Yadav, both directors and majority shareholders of RPDPL, on July 21. tnn

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