ED attaches assets worth Rs 204 cr of ex-Bhushan Power CMD Singhal

Singal is at present in judicial custody after the ED arrested him in November last year

Assets worth over Rs 204 crore, including houses in Delhi and London, of former Bhushan Power and Steel (BPSL) CMD Sanjay Singal have been attached under the anti-money laundering law, the Enforcement Directorate (ED) said on Saturday.

“The attached assets consist of movable and immovable properties in Delhi and London,” the agency said in a statement.

“An amount of Rs 204.31 crore was diverted out of bank loan funds of BPSL, which was utilised for acquisition of assets in India and abroad by Sanjay Singal," it said.
 

The ED had on Friday filed a charge sheet against Singal and others before a