ED Attaches Rs 113 Crore Worth Properties In Money Laundering Case Involving Close Associate Of Lalu Prasad's Family

The Enforcement Directorate (ED) has attached properties worth Rs 113 crore belonging to Amit Katyal, a close associate of RJD chief Lalu Prasad's family, under the anti-money laundering law. The properties include land, flats, a farmhouse, and fixed deposits. Katyal and his companies are accused of siphoning and illegally diverting money from plot buyers without a license.

The Enforcement Directorate (ED) has seized properties worth Rs 113 crore belonging to Amit Katyal, an alleged close associate of RJD chief Lalu Prasad's family. The attachment includes seventy acres of land in Gurugram, several flats in Mumbai, and a farmhouse in Delhi.

The investigation focuses on the illegal diversion of plot buyers' money by Katyal and his companies, which allegedly lacked the required license from the Department of Town and Country Planning (DTCP).

A provisional order was issued on August 6 under the Prevention of Money Laundering Act (PMLA) to attach the assets. Katyal was previously arrested in a separate money laundering case linked to the railways' land-for-jobs scam.

(With inputs from agencies.)