ED Attaches PACL Case Shares Worth ₹42.13 Crore

The Hindu · india

The Enforcement Directorate has provisionally attached equity shares of Industrial Investment Trust Limited, valued at approximately ₹42.13 crore, in connection with the PACL case. These shares, held by N.N. Financial Services Private Limited, were purchased for ₹30.90 crore and are believed to be financed by funds diverted from PACL. The agency stated these funds were originally collected from investors, constituting proceeds of crime.