The Enforcement Directorate (ED), Mumbai Zonal Office, has provisionally attached 413 agricultural land parcels spanning approximately 1,807 acres in Vijaydurg village, Devgad taluka of Sindhudurg district. This action is taken under the Prevention of Money Laundering Act (PMLA), 2002, in connection with a bank loan fraud case involving Punjab and Maharashtra Co-operative Bank (PMC). The attached land, valued at ₹52.9 crore, was allegedly acquired using proceeds of crime amounting to ₹82.3 crore between 2010 and 2013.
Enforcement Directorate Attaches 413 Agricultural Land Parcels in Sindhudurg District under PMLA
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