ED attaches assets worth ₹1,595 crore in PACL case
Key points
- The Enforcement Directorate has provisionally attached 14 immovable properties currently worth ₹1,595.85 crore in connection with its probe into an alleged large-scale investment fraud involving a collective investment scheme operated by PACL Limited and related entities, the agency said on Monday (June 1, 2026).
- The properties, belonging to Gian Sagar Educational & Charitable Trust, are located in Punjab’s Ramnagar.
- In the same case, the ED has so far attached assets valued at about ₹28,626 crore, in India and abroad.
- The probe is based on a First Information Report registered by the Central Bureau of Investigation (CBI) following the Supreme Court’s directive.
- The CBI has also filed a main and a supplementary charge sheet against 33 accused, including individuals and companies.
Quick Summary
The Enforcement Directorate has provisionally attached 14 immovable properties currently worth ₹1,595.85 crore in connection with its probe into an alleged large-scale investment fraud involving
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Key Takeaways
- The Enforcement Directorate has provisionally attached 14 immovable properties currently worth ₹1,595.85 crore in connection with its probe into an alleged large-scale investment fraud involving a collective investment scheme operated by PACL Limited and related entities, the agency said on Monday (June 1, 2026).
- The properties, belonging to Gian Sagar Educational & Charitable Trust, are located in Punjab’s Ramnagar.
- In the same case, the ED has so far attached assets valued at about ₹28,626 crore, in India and abroad.
- The probe is based on a First Information Report registered by the Central Bureau of Investigation (CBI) following the Supreme Court’s directive.
- The CBI has also filed a main and a supplementary charge sheet against 33 accused, including individuals and companies.
📌 Source: The Hindu
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