Overview
- The Enforcement Directorate issued four provisional attachment orders under the PMLA covering bank balances, receivables, unquoted shareholdings and immovable property.
- Shareholdings of Reliance Infrastructure in BSES Yamuna Power, BSES Rajdhani Power and Mumbai Metro One were among the assets attached.
- The agency froze ₹148 crore in bank deposits and ₹143 crore in receivables held by Value Corp Finance and Securities.
- A residential property of senior executive Angarai Sethuraman and shares and mutual funds held by Puneet Garg were also attached.
- The ED cites 2017–2019 flows in which Yes Bank invested ₹2,965 crore in RHFL and ₹2,045 crore in RCFL after receiving funds from Reliance Nippon Mutual Fund, with those investments turning non-performing by December 2019 as a wider probe based on a CBI FIR continues.