PATNA: Enforcement Directorate (ED), Patna, has provisionally attached immovable properties worth Rs 7.03 crore of M/s Sri Anuanand Construction Pvt Ltd and others under the Prevention of Money Laundering Act (PMLA), 2002, in connection with a fraud case.
The immovable properties in Patna and Noida are registered in the name of the company and its director Bimal Kumar.
The ED initiated investigation on the basis of FIRs registered by Bihar Police under section 420 of IPC, against the company and others.
In the FIRs, it was alleged that the private firm collected huge amount from buyers for a project at Danapur, Patna, but, never completed it.
Instead Rs 7.82 crore was diverted into acquisition of personal properties.
