ED attaches Srinagar business family’s properties worth Rs 1.56 cr

 

Srinagar: The Enforcement Directorate (ED) has attached seven properties worth Rs 1.56 crore under the Prevention of Money Laundering Act (PMLA) in Srinagar.

An official said that ED Srinagar has provisionally attached seven immovable properties worth Rs 1.56 crore belonging to Imran Baba and Sageena Yaseen, partners of M/s Baba Enterprises, under the provisions of the PMLA, 2002.

He said that the immovable properties include 17 marlas of land in Mouja Brari Nambal, 26 marlas of land, and a residential house in Hyderpora.

The specific reasons about this action and the family’s version were not immediately available.

Related

JKEDI asks officers to strengthen loan recovery process

JAMMU, FEBRUARY 18: Director Jammu & Kashmir Entrepreneurship Development...

J&K seeks to enforce GST norms; officials to chase tax evasion, monitor e-way bills

JAMMU, FEBRUARY 17: Commissioner, State Taxes Department (STD), P...

Water supply to remain affected for 30 hours in these Srinagar areas on Feb 22

By: Rehan Qayoom Mir Srinagar, Feb 18: The Executive Engineer...

No plans for water meters in Kashmir: Water Dept official

Rehan Qayoom Mir Srinagar, Feb 18: Amid growing speculation about...

CPI (M) holds 13th State Conference at Jammu; calls for safeguarding rights in J&K

Jammu, Feb 18: While greeting the senior party leaders,...