ED seizes assets of Rose Valley Group worth Rs 304 crore

By ANI | Published: April 30, 2021 01:56 PM2021-04-30T13:56:29+5:302021-04-30T14:05:07+5:30

The Enforcement Directorate on Friday informed that it has taken possession of assets worth Rs 304 crore of Rose Valley Group in connection with money laundering.

ED seizes assets of Rose Valley Group worth Rs 304 crore | ED seizes assets of Rose Valley Group worth Rs 304 crore

ED seizes assets of Rose Valley Group worth Rs 304 crore

The Enforcement Directorate on Friday informed that it has taken possession of assets worth Rs 304 crore of Rose Valley Group in connection with money laundering.

The ED confirmed the news through the micro-blogging website Twitter.

"ED has taken possession of movable and immovable properties worth Rs 304 Crore of Rose Valley Group of companies under Prevention of Money Laundering Act (PMLA)," it tweeted.

Further investigation into the matter is underway.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in app