Bengaluru, Sept. 11 -- The Enforcement Directorate (ED) on Thursday seized property worth Rs. 75 lakh of Velohar Infra Pvt Ltd in a case involving alleged misappropriation of Karnataka State Handicraft Development Corporation Limited (KSHDCL) funds, an official said.

In a post on X, ED wrote, "ED, Bengaluru has provisionally attached immovable property to the extent of Rs. 75 Lakh of M/s Velohar Infra Private Limited, under PMLA, 2002, in a case related to misappropriating Government funds from the accounts of M/s Karnataka State Handicraft Development Corporation Limited (KSHDCL)."

Earlier today, ED launched search operations at multiple locations in Arunachal Pradesh, Haryana, Delhi, Tamil Nadu and Telangana in connection with a massi...