Hyderabad, March 10 -- The Directorate of Enforcement (ED), Hyderabad Zonal Office, on Tuesday said it has provisionally attached 50 immovable properties worth Rs 29.76 crore under the Prevention of Money Laundering Act (PMLA), 2002 in connection with an alleged illegal surrogacy and child trafficking racket.
According to a press release issued by the ED, the properties- comprising land parcels, flats and a hospital belonged to Dr Pachipalli Namratha alias Athluri Namratha, who allegedly operated the racket through the Universal Srushti Fertility & Research Centre. The current market value of the attached assets is estimated to be around Rs 50 crore.
The ED initiated the investigation based on multiple FIRs registered by Gopalapuram Polic...