ED seizes Jagan Mohan Reddy's shares

ED seizes Jagan Mohan Reddy's shares

The Enforcement Directorate (ED) has seized assets worth ₹793 crore linked to former Andhra Pradesh Chief Minister Jagan Mohan Reddy in connection with a 14-year-old money laundering case. The seized assets include ₹27.5 crore worth of shares in Carmel Asia Holdings Limited, Saraswati Power & Industries Private Limited, and Harsha Firm, as well as ₹377.2 crore worth of land belonging to Dalmia Cements (Bharat) Limited. The case, originally regist

ED attaches assets worth over Rs 800 crore in money laundering case linked to Jagan Reddy, Dalmia Cements

The Enforcement Directorate (ED) has attached assets worth more than Rs 800 crore in connection with a money laundering investigation involving former Andhra Pradesh chief minister YS Jagan Mohan Reddy and Dalmia Cements (Bharat) Limited (DCBL). The probe agency has attached YS Jagan Mohan Reddy's shares worth Rs 27.5 crore and property and land worth Rs 793.3 crore of Dalmia Cements. This action has been taken in a money laundering case related…

ED attaches assets worth 27.5 crore of YS Jagan Mohan Reddy

Hyderabad, April 18: While probing a case of Money Laundering, the Enforcement Directorate(ED) on Friday attached  assets worth 27.5 crore belonging to former Chief Minister, Andhra Pradesh YS Jagan Mohan Reddy. The Enforcement Directorate (ED) has also attached assets worth more than Rs 793.3 crore of Dalmia Cements (Bharat) Limited (DCBL) in connection with a money laundering investigation.Dalmia Cements informed SEBI that they received the at…

Movement in Jagan Case: ED Attaches ₹793 cr Dalmia Assets

After losing the 2024 election, there has been widespread speculation about the legal battles awaiting Jagan Mohan Reddy, particularly concerning the multiple ED and CBI cases pending against him. Now, nearly a year after the election results, there’s been significant progress in the ED’s investigation. According to the latest reports, the Enforcement Directorate (ED) has attached assets worth ₹793 crore linked to Dalmia Cements in a money laund…