Money laundering: ED attaches over Rs 290 cr worth assets of

Money laundering: ED attaches over Rs 290 cr worth assets of amusement company, ET Retail

The Enforcement Directorate has attached properties worth over Rs 290 crore of an amusement and recreation services providing company, including in the popular GIP Mall of Noida, as part of a money laundering investigation. The company-- International Amusement Limited (holding company of International Recreation and Amusement Ltd. (IRAL)-- is accused of collecting more than Rs 400 cr from about 1,500 investors on the promise of allotment of shops/other space.

Related Keywords

Jaipur , Rajasthan , India , Daulatpur , Himachal Pradesh , Rohini , West Bengal , New Delhi , Delhi , , International Recreation , Amusement Ltd , Entertainment City , International Amusement , Adventure Island , Enforcement Directorate , Amusement Limited , International Amusement Limited , Entertainment City Limited , Great India Place Mall , Adventure Island Limited , Infrastructure Limited , Money Laundering Act ,

© 2024 Vimarsana