New Delhi
The Enforcement Directorate (ED) has intensified its nationwide crackdown on financial frauds and money laundering cases, conducting multiple operations and property attachments under the Prevention of Money Laundering Act (PMLA), 2002.
On March 23, 2025, the ED’s Delhi Zonal Office carried out a search operation at the premises of Smt. Barinder Kaur, daughter of the late Nirmal Singh Bhanghu, as well as Harstinder Pal Singh and Manoj Kumar, a close associate of Barinder Kaur. The action was taken in connection with the Rs 48,000 crore PACL fraud case. The operation led to the seizure of crucial digital and property-related documents linked to PACL and its beneficiaries.
Meanwhile, on March 21, 2025, the Mumbai Zonal Office of ED provisionally attached 10 immovable properties in Mumbai and Kolkata, along with movable properties including FDRs, shares, mutual funds, and alternative investments, valued at approximately Rs 36.21 crore. The assets belong to Ambar Dalal and others.
In a significant operation, the Gurugram Zonal Office provisionally attached movable and immovable properties worth Rs 557.49 crore on March 26, 2025. The assets belong to M/s Amtek Auto Limited, M/s ARG Limited, M/s ACIL Limited, M/s Metalyst Forging Limited, M/s Castex Technologies Limited, and Arvind Dham, the promoter of the Amtek Group, among others. This follows an earlier attachment of Rs 5,115.31 crore on September 5, 2024, which was confirmed by the PMLA Adjudicating Authority.
The ED continues its aggressive pursuit of economic offenders, reaffirming its commitment to tackle financial crimes and recover proceeds of crime across the country.
