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India News | ED Seizes Assets of Rose Valley Group Worth Rs 304 Crore

Get latest articles and stories on India at LatestLY. The Enforcement Directorate on Friday informed that it has taken possession of assets worth Rs 304 crore of Rose Valley Group in connection with money laundering.

India News | ED Seizes Assets of Rose Valley Group Worth Rs 304 Crore

New Delhi [India], April 30 (ANI): The Enforcement Directorate on Friday informed that it has taken possession of assets worth Rs 304 crore of Rose Valley Group in connection with money laundering.

The ED confirmed the news through the micro-blogging website Twitter.

"ED has taken possession of movable and immovable properties worth Rs 304 Crore of Rose Valley Group of companies under Prevention of Money Laundering Act (PMLA)," it tweeted.

Further investigation into the matter is underway. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)