ED attaches bungalow of a promotor of HDIL in connection with PMC Bank fraud case

Last week, the ED had attached a private jet and jewellery worth  60



crore rupees of HDIL Chairman Rakesh Wadhawan and his son Sarang Wadhawan both in Mumbai Police custody. The agency also claimed that it is in touch with authorities in the Maldives to attach Wadhawan's yacht which is anchored there. Taking cognizance of the FIR filed into the matter by Mumbai Police's Economic Offences Wing (EOW), the ED has filed a money laundering case against HDIL promoters in the PMC Bank fraud case.