ED Seizes Rs 24.95 Crore Worth of Properties Linked to Hero MotoCorp Chairman Pawan Munjal
Delhi, 10th November 2023: The Enforcement Directorate (ED) has seized and attached three immovable properties in Delhi, valued at approximately Rs. 24.95 Crore, under the PMLA, 2002. These properties belong to Pawan Kant Munjal, CMD & Chairman of M/s Hero MotoCorp Ltd, as part of a money laundering investigation.
The total value of the seizure and attachment in connection with this case now stands at approximately Rs. 50 Crore.
ED has attached 03 immovable properties located at Delhi worth Rs. 24.95 Crore (approx.) under the provisions of PMLA, 2002 belonging to Pawan Kant Munjal, CMD & Chairman, M/s Hero MotoCorp Ltd in connection with a money laundering investigation. The total value of seizure and…
— ED (@dir_ed) November 10, 2023
