The Enforcement Directorate (ED) on Monday said it has attached four properties, including land and a school building, of the promoters of a Pune-based education group under the anti-money laundering law. The action is part of a probe into an alleged bank loan fraud against a local cooperative bank.

The assets belong to Rosary Education Group and its main partners Vinay Aranha and Vivek Aranha. A provisional order for attaching four properties has been issued under the Prevention of Money Laundering Act (PMLA), the agency said in a statement.