ED Mumbai Zonal Office has provisionally attached immovable assets valued at Rs. 1002.79 Crore (approx.) in the case of M/s. Dnyanradha Multistate Co-operative Credit Society Ltd (DMCSL), Suresh Kute & others under the provisions of Prevention of Money Laundering (PMLA), 2002

The Directorate of Enforcement (ED), Mumbai Zonal Office, has provisionally attached immovable assets valued at approximately Rs. 1002.79 Crore in the case of M/s. Dnyanradha Multi-state Co-operative Credit Society Ltd (DM CSL), Suresh Kute, and others. The assets attached include land and buildings in Mumbai, Aurangabad, Beed, and Jalna districts of Maharashtra. The ED investigation found that Suresh Kute and others fraudulently diverted funds amounting to Rs. 2318.45 Crore from DM CSL, which were then utilized for personal benefits. The ED has conducted multiple search operations and issued Provisional Attachment Orders, resulting in a total seizure/attachment of Rs. 1097.87 Crore. Further investigation is ongoing.