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In a significant move to restore the Proceeds of Crime (POC) to rightful claimants, ED, Chennai has successfully restituted property valued at Rs. 25.38 Crore to victim and rightful claimant in an anti-Money Laundering case against M/s. Nafisa Overseas and others being investigated by ED

News Anti-Bribery & Corruption Sanctions & Fines
Date: 29th Nov, 2024 Source: Enforcement Directorate (ED) Country: India Original Source

Brief

"On 29/11/2024, the Enforcement Directorate (ED) issued an update regarding In a significant move to restore the Proceeds of Crime (POC) to rightful claimants, ED, Chennai has successfully restituted property valued at Rs. 25.38 Crore to victim and rightful claimant in an anti-Money Laundering case against M/s. Nafisa Overseas and others being investigated by ED. The restitution is a significant step towards ensuring that POC are returned to those affected.

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Enforcement Directorate (ED)

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