NEW DELHI: The Enforcement Directorate (ED) has attached assets valued at over Rs 239 crore of a firm linked to TMC MP K D Singh in connection with a money laundering probe into an alleged ponzi scam case pegged at over Rs 1,900 crore, the agency said.
The ED said in a statement it has issued a provisional order under the Prevention of Money Laundering Act (PMLA) for attaching properties “situated at various places like Chandigarh, Panchkula, Derabassi, SAS Nagar (Punjab), Shimla and also bank accounts in HDFC Bank against Ms Alchemist Infra Realty Ltd.”
The total value of the attached assets is Rs 239.29 crore, it added.
The central probe agency had last year summoned the Rajya Sabha Member of Parliament, now sidelined in the Trinamool Congress (TMC), as part of these investigations.
While Singh had resigned from the post of Chairman of the Alchemist group in 2012, his Rajya Sabha profile mentions him to be the Chairman, Emeritus and founder of the business group. PTI
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