ED Further Attaches Properties of Saradha Group

Published: 04th April 2014 04:57 PM  |   Last Updated: 04th April 2014 04:57 PM   |  A+A-


The Enforcement Directorate of Eastern region today attached the properties of Saradha group worth Rs 106 crore in the state.

These included equity shares of all the 224 companies of the group and insurance policies held in the names of its accused owner Sudipta Sen and his wife Piyali Sen, the directorate said in a statement.

In February, the directorate attached properties of the group worth Rs 35 crore in West Bengal and Odisha under the provisions of Prevention of Money Laundering Act.

Stay up to date on all the latest Business news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp