Rose Valley: ED attached assets of Rs 70 crore from 3 companies, including one linked to SRK

NEW DELHI: The Directorate of Execution (ED) has attached assets worth more than Rs 70 crore from three companies, including a company linked to an IPL cricket team promoted by actor Shah Rukh Khan, in connection with an investigation of money laundering in the case of Ponzi scam, the agency said Monday.

He said in a statement that movable and immovable property belonging to various entities and persons who received funds from the Rose Valley group and entities related to a book value of Rs 70.11 million rupees have been provisionally attached under the provisions of the Law on Money Laundering Prevention (PMLA)).

In this case, the ED has filed multiple charge sheets in the courts of Kolkata and Bhubaneswar.