Goa, June 21 -- The Enforcement Directorate (ED) has attached movable and immovable assets worth Rs.1,023.85 crore in connection with an alleged illegal iron ore mining case in Goa. The assets include 99 properties in India, 31 properties in Singapore and equity shares in Indian companies.

According to the ED, the action was taken under the Prevention of Money Laundering Act (PMLA) following an investigation linked to a Goa Crime Branch case. The agency said the probe pertains to illegal mining activities carried out between 2007 and 2012.

Investigators allege that proceeds generated from the extraction, sale and export of iron ore were routed through offshore entities based in the British Virgin Islands and Singapore. The ED estimates ...