New Delhi. The Enforcement Directorate (ED) has attached assets worth over Rs 1,317 crore of real estate group IREO, its Managing Director and Vice President Lalit Goyal and related entities as part of a money laundering probe.
The attached properties include land, commercial space, plots, residential houses and bank accounts, the ED said in a statement issued on Saturday. The total value of these attached properties is Rs 1,317.30 crore.
The ED took cognizance of at least 30 FIRs registered against the group, its affiliated entities, its directors, key managerial persons and others at various police stations in Gurugram, Panchkula, Ludhiana and Delhi for registering money laundering cases.
The agency said the probe found that the accused allegedly “cheated” the buyers by promising them flats, plots, commercial space etc. However, he neither fulfilled his promise nor returned his money.
The ED said that the directors of the company in connivance with others “stacked” the money collected from the buyers and did not use it for the intended purpose.
Goel was arrested by the agency in November last year in this case and later in January he had filed a charge sheet before the Special Prevention of Money Laundering Act (PMLA) court in Panchkula.
