Srinagar, Nov. 9 -- The Enforcement Directorate (ED) has provisionally attached 11 immovable properties worth Rs 10.63 crore in Srinagar and Bandipora districts in connection with the alleged misuse of the Prime Minister's Employment Generation Programme (PMEGP) scheme in Jammu and Kashmir, officials said on Monday
The provisional attachment order, issued by the ED's Srinagar Zonal Office under the Prevention of Money Laundering Act (PMLA), 2002, covers lands and buildings allegedly held by suppliers-cum-brokers and a J&K Bank official accused of involvement in the scheme's misuse.
ED said that investigation was initiated on the basis two FIRs of Anti-Corruption Bureau, CBI, Srinagar alleging misappropriation of PMEGP Scheme's loans amoun...