New Delhi, Dec 23 (PTI) Properties worth Rs 255 crore have been attached in connection with a money laundering probe linked to a case of alleged agricultural loan fraud and duping of farmers in Maharashtra, the Enforcement Directorate said on Wednesday.
"Assets worth Rs 255 crore of Gangakhed Sugar & Energy Limited (GSEL), Yogeswari Hatcheries and Gangakhed Solar Power Limited have been provisionally attached under Prevention of Money Laundering Act (PMLA)," the central agency said in a statement.
"The case pertains to fraudulent availing of agricultural loans in the name of innocent and poor farmers," it said.
The attached assets include a sugar plant and machinery of GSEL worth Rs 247 crore situated at Gangakhed in Parbhani district of Maharastra, land worth Rs 5 crore of GSEL, Yogeswari Hatcheries, Gangakhed Power Solar Limited in Parbhani, Beed and Dhule, bank balance of Rs 1.58 crore and investment in shares of Rs 1.91 crore held in the name of GSEL, it said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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