ED attaches Rs 3,400 crore assets linked to Pearl group, promoter | India News
NEW DELHI: As further action in a money laundering probe, Enforcement Directorate has attached properties worth over Rs 3,400 crore linked to Pearl Agro Corporation Ltd (PACL) and its promoter Nirmal Singh Bhangoo in Ludhiana. The latter had allegedly collected over Rs 48,000 crore from investors through a multi-level marketing scheme and laundered the proceeds…