ED attaches 3 Gurugram plots

New Delhi, July 7

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The Enforcement Directorate (ED) today said it had issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) to seize three land parcels in Gurugram worth over Rs 106.08 crore in connection with a probe against realty firm Unitech Group and its promoters Sanjay Chandra and Ajay Chandra.

The ED, in an official statement, said, “These parcels had been purchased by two dummy entities of the Chandras, namely Erode Projects Pvt Ltd and Kore communities Pvt Ltd, from the companies of Unitech Group.”

It said the probe found that the land parcels were “purchased by the two firms from the proceeds of crime generated out of scheduled offence”.

“Both these firms are controlled by the promoters of Unitech Group and proceeds of crime have been transferred to these them after substantial layering in Singapore and the Cayman Islands,” the agency alleged.

Early this year, the ED had filed a case under various sections of the PMLA against Unitech Group and its promoters over allegations that the Chandras illegally diverted over Rs 2,000 crore to Cyprus and the Cayman Islands.

“The total proceeds of crime in the case areRs 5,063.05 crore as determined till now,” the ED statement read. — TNS