New Delhi, July 7 -- The Enforcement Directorate (ED), Jaipur Zonal Office, today said it has attached 22 movable and immovable properties worth Rs 112.90 crore in connection with its money laundering investigation against LEEL Electricals Limited (formerly Lloyd Electric & Engineering Limited), its main promoter Bharat Raj Punj and others.
The attached assets include land, industrial plots, residential properties located in Delhi, Uttarakhand, Gujarat, Madhya Pradesh, Telangana, Goa, Maharashtra and Tamil Nadu, as well as a residential property in Houston, Texas (USA). The attachment also includes bank balances, fixed deposits and mutual fund investments.
According to the ED, the investigation revealed that these assets were beneficially...