The Enforcement Directorate (ED) on Wednesday said that assets worth Rs 415 crore have been attached from Maharashtra builders Avinash Bhosale and Sanjay Chhabria in the YES Bank-DHFL bank loan fraud linked money laundering case, the PTI reported.
According to the report, both the builders were taken into ED custody in the case in June. Currently, they are in judicial custody.
The ED had issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) on Tuesday to attach the assets of Bhosale, worth Rs 164 crore, while Chhabria’s assets are worth Rs 251 crore.
The ED in a statement said that the attached assets of Chhabria are in the form of a land parcel located in Santacruz, Mumbai worth Rs 116.5 crore, 25 per cent equity shares of Chhabria’s company held in a land parcel located in Bengaluru worth Rs 115 crore, a flat located at Santacruz, Mumbai worth Rs 3 crore, profit receivable from a hotel belonging to Chhabria located at the Delhi airport worth Rs 13.67 crore and three high-end luxury cars worth Rs 3.10 crore.
The properties of Pune-based businessman Avinash Bhosale that have been attached are in the form of a duplex flat in Mumbai worth Rs 102.8 crore, a land parcel located in Pune worth Rs 14.65 crore, another Pune located land parcel worth Rs 29.24 crore, a land parcel in Nagpur worth Rs 15.52 crore and another portion of land located at Nagpur valued at Rs 1.45 crore, the agency said.
The report mentioned that the total attachment in this case now stands at Rs 1,827 crore.
The ED and the CBI are investigating this case and the two central agencies have booked the two builders, YES Bank co-founder Rana Kapoor, and DHFL promoter-directors Kapil Wadhawan and Dheeraj Wadhawan in their separate complaints.
The Wadhawans were arrested in this case by the ED in May while Kapoor was arrested in March. They too are in judicial custody at present like the two builders.