India, Aug. 29 -- : The Enforcement Directorate (ED) has frozen Rs.51.75 crore in the bank account of an overseas trading firm in India in its money-laundering probe into the alleged Rs.34,615-crore loan fraud involving Dewan Housing Finance Corporation Limited (DHFL) and its then promoters.

The agency said the funds in the account of M/s Al Jalore Trading FZE were allegedly proceeds of crime and were frozen under the Prevention of Money Laundering Act (PMLA) during searches last Wednesday. Documents and records linked to the transactions and assets under investigation were also seized.

The action is linked to the ED's investigation into Hurtmore House, a property in the United Kingdom held in the name of Vanita Wadhawan, wife of then D...