ED attaches immovable properties worth Rs 71.48 cr belonging to Hindustan Infracon India

New Delhi: The Enforcement Directorate (ED) has provisionally attached immovable properties worth Rs 71.48 Crore belonging to the Hindustan Infracon India in a fraud case, an official statement said on Tuesday. 

ED said that immovable properties belonging to Hindustan Infracon India include non-agricultural lands and residential properties which were situated in Karnataka's Mysore and Bengaluru. 

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Taking to X (former Twitter), ED said, "ED has provisionally attached immovable properties worth Rs. 71.48 Crore which includes non-agricultural Lands and Residential properties, situated in the Mysore, Bengaluru South (Karnataka) and Ananthpura (Andhra Pradesh) belonging to M/s Hindustan Infracon (India) Private Ltd in a fraud case."

The action has been taken under the Prevention of Money Laundering Act, 2002. 

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Further investigation is underway. (ANI)

• #New Delhi
• #Directorate of Enforcement
• #ED
• #ED raids
• #Hindustan Infracon India
• #Karnataka
• #Mysuru