New Delhi, Nov. 9 -- The Enforcement Directorate (ED) on Monday said it has attached immovable properties valued at Rs 10.63 crore in Kashmir in a case linked to the misuse of the Prime Minister Employment Generation Programme (PMEGP) scheme.

ED's Srinagar zonal office attached the assets under the Prevention of Money Laundering Act (PMLA), 2022 following a provisional attachment order issued in respect of 11 assets consisting of lands and buildings in Srinagar and Bandipora districts of Kashmir, which are found in the possession of suppliers-cum-brokers, bank official of J&K Bank involved in misusing the PMEGP scheme.

ED initiated its investigation on the basis of two First Information Reports (FIRs) of the Central Bureau of Investigat...