<span style="color: #222222;">The Enforcement Directorate has attached assets worth 415 crore rupees of arrested Maharashtra builders Avinash Bhosale and Sanjay Chhabria in the Yes Bank-DHFL Bank loan fraud linked money laundering case. The probe agency had issued a provisional attachment order under the Prevention of Money Laundering Act to attach the assets of Avinash Bhosale worth 164 crore rupees and Sanjay Chhabria's assets worth 251 crore rupees.&nbsp; Both the builders are currently in judicial custody.<br />''<br />''The attached assets of Sanjay Chhabria are in the form of a land parcel located in Santacruz, Mumbai, 25 per cent equity shares of Chhabria's company held in a land parcel located in Bengaluru, a flat located at Santacruz, Mumbai, profit receivable from a hotel belonging to Chhabria located at the Delhi airport and three high-end luxury cars. The properties of Avinash Bhosale that have been attached are in the form of a duplex flat in Mumbai, two land parcel located in Pune, one land parcel in Nagpur and another portion of land located at Nagpur.<br />''<br />''The Enforcement Directorate had initiated investigation against Rana Kapoor of Yes Bank and Kapil Wadhawan and Dheeraj Wadhawan Promoters of DHFL on the basis of an FIR registered by CBI alleging that Rana Kapoor had entered into a criminal conspiracy with Kapil Wadhawan, Promoter Director of M/s DHFL and others for extending financial assistance to M/s DHFL by Yes Bank Ltd. in lieu of substantial undue benefit to himself and his family members through the companies held by them. Kapil<br />''Wadhawan, Dheeraj Wadhawan and Rana Kapoor are currently in judicial custody.<br />''<br />''The total attachment in this case now stands at One thousand 827 crore rupees.</span><br />
News On AIR | August 3, 2022 2:07 PM
Yes Bank-DHFL case: ED attaches Rs 415 cr worth assets of builders Avinash Bhosale, Sanjay Chhabria