JAMMU, Aug. 23 -- The Enforcement Directorate's (ED) Jammu, has provisionally attached immovable property worthRs.66.77 crore in Ludhiana, Kathua and Haryana in a money laundering case, said an official spokesperson on Friday. "Directorate of Enforcement (ED), Jammu sub-zonal office, has provisionally attached several immovable properties worthRs.66.77 crore (approx) in the case of Bharat Papers Limited under the Prevention of Money Laundering Act (PMLA), 2002," he said. He added that the provisionally attached properties comprise factory land and building of Bharat Papers Limited and two residential houses of directors and relatives of directors of Bharat Papers Limited. 419 kanals of land has been attached in Kathua and two residential houses in Ludhiana. The spokesperson said that the ED initiated its investigation following an FIR registered by the CBI, ACB, Jammu, against Bharat Papers Limited and its directors namely Anil Kumar, Parveen Kumar, Baljinder Kumar, and Rajinder Kumar, sons of late Jagdish Chander, for defrauding a consortium of banks led by State Bank of India to the tune ofRs.200 crores, on the basis of complaint filed by the then DGM, stressed asset management branch, State Bank of India, in Punjab's Ludhiana. "The ED investigation revealed that Bharat Papers Limited and its directors did not use the loan amount for the intended purpose for which the loan was sanctioned. However, the funds were diverted through bogus/shell entities and bank accounts," he said.htc...