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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.

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