The Enforcement Directorate has attached assets worth ₹38.07 crore in connection with a bank fraud case against Abhijeet Group and its two directors.
“Abhijeet Projects Limited, its directors Manoj and Abhishek Jayaswal and others were chargesheeted by the Central Bureau of Investigation last August for allegedly cheating the Canara Bank and the Vijaya Bank,” said an ED official.
Based on the CBI case, the Directorate launched money laundering investigations and unearthed the money trail. Accordingly, three residential flats and one 10-storey building with a built up area of 44,240 sq.ft. have been provisionally attached.
“The first attachment was done on December 29 last year for ₹9.85 crore, which included bank accounts, residential flat and landed properties at Madhya Pradesh’s Rewa,” the official said.
