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ED attaches London hotel in Unitech Group money laundering case

An ED official said that the agency has attached the hotel in London under sections of the Prevention of Money Laundering Act (PMLA)

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This picture has been used for representational purpose

This picture has been used for representational purpose

The Enforcement Directorate (ED) has attached a hotel named Bed and Breakfast valued at Rs 58.61 crore in London owned by Ibournshorne Limited, an associate company of Carnoustie Group in a money laundering case involving Unitech Group.

An ED official said that the agency has attached the hotel in London under sections of the Prevention of Money Laundering Act (PMLA). The ED had registered a case of money laundering on the basis of various FIRs filed by homebuyers against Unitech Group and its promoters before the Delhi Police.

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