The Enforcement Directorate on Saturday said it has issued a Rs 16.38 crore attachment order against the Congress promoted Associated Journals Limited (AJL) and its leader Moti Lal Vora in connection with a money laundering probe.
It said the attached property is a 9-storey building in Mumbai having two basements and total built up area of 15,000 square metres.
The asset "germinated out of proceeds of crime has been attached to the extent of Rs 16.38 crore," the federal agency said in a statement.
The provisional attachment order, under the Prevention of Money Laundering Act (PMLA), has been issued against the Associated Journals Limited and Moti Lal Vora, the chairman-cum-managing director of the AJL.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app