The Enforcement Directorate (ED) has handed over four attached properties in Borivali (East), Mumbai, to the liquidator in connection with the Punjab National Bank (PNB) fraud case. The transfer, facilitated by ED’s Mumbai Zonal Office on November 21, is part of the agency’s ongoing efforts to ensure restitution and restoration of assets for the benefit of victims, secured creditors and other legitimate claimants.

According to the agency, attached movable and immovable assets, worth approximately Rs 310 crore, in Mumbai, Kolkata, and Surat have so far been handed over to the liquidator of Gitanjali Gems Ltd.