ED attaches Rs 313.12 crore assets of Ansal Group in money laundering probe

• The Enforcement Directorate (ED) attached immovable properties worth Rs 313.12 crore belonging to Ansal Properties and Infrastructure Ltd (APIL) and its promoters.
• The action is part of an ongoing money laundering investigation involving financial misappropriation and fraudulent diversion of funds from homebuyers.
• Attached assets include 9.08 hectares of residential land parcels in Agra, Uttar Pradesh, held in the name of APIL's associated companies.
• The investigation was initiated based on 278 FIRs against APIL and its Directors for criminal breach of trust, conspiracy, and forgery, primarily concerning the Sushant Golf City project in Lucknow.
• Out of Rs 1,234.92 crore collected from homebuyers for Sushant Golf City, Rs 313.12 crore was diverted to non-project activities; equivalent value properties in Agra were attached.