India, May 5 -- A Delhi court on Tuesday allowed the confiscation of properties and assets belonging to UK-based arms dealer and fugitive economic offender (FEO) Sanjay Bhandari in a money laundering case being investigated by the Enforcement Directorate (ED).

The Rouse Avenue Court, according to the order passed by special judge Sanjay Jindal, has directed confiscation of certain properties located in India and abroad, while reserving its decision on the remaining assets for July 18.

At the outset, the court said it had divided Bhandari's properties, which the ED sought to confiscate as part of FEO proceedings, into two categories - List A and List B. A detailed order is awaited.

On July 5, Bhandari was declared a fugitive economic of...