ED attaches assets worth ₹59.37 crore in alleged GDR scam case thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The Enforcement Directorate (ED) on Friday attached movable and immovable properties worth Rs 59.37 crore belonging to London-based Arun Panchariya, Sanjay Aggarwal and India Focus Cardinal Fund in a GDR (Global Depository Receipts) scam under .
A GDR is defined as a negotiable financial instrument issued by a depository bank and it enables a company to reach investors in capital markets abroad