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PMC Bank scam: ED to attach HDIL promoters' plush Alibaug property

The bungalow is spread across 2.5 acres; valuation being assessed

With 24 rooms, the bungalow is nothing short of a five-star resort. It has all the mod cons — from a clubhouse to restaurants.
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With 24 rooms, the bungalow is nothing short of a five-star resort. It has all the mod cons — from a clubhouse to restaurants.

Shrimi Choudhary New Delhi
Furthering its money laundering probe into the Rs 4,355-crore Punjab & Maharashtra Co-operative (PMC) Bank loan case, the Enforcement Directorate (ED) is all set to attach a 2.5-acre plush property of the Wadhawans located at Alibaug, a coastal town in Maharashtra.  The probe agency is still examining the market value of the property.

The ED on Friday had launched a search operation on six locations of Housing Development and Infrastructure (HDIL) and the close associates of the Wadhawans, along with former brass of PMC Bank. So, far the federal agency has attached a private jet and luxury cars of the