ED attaches assets worth Rs 110 crore in Karvy stock broking money-laundering case - Moneycontrol

The money-laundering case was filed based on FIRs by the Hyderabad Police on the complaints of lending banks who alleged the Karvy Group had availed large amounts of loans by illegally pledging their clients’ shares worth about Rs 2,800 crore.

The Enforcement Directorate on July 30 said it has attached fresh assets worth over Rs 110 crore in connection with its money laundering probe against Karvy Stock Broking Limited (KSBL), its CMD C Pa… [+2076 chars]

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