The Enforcement Directorate Saturday said it has issued notices to take possession of immovable assets worth Rs 661 crore that it had attached in probe into the money laundering case against Congress-controlled Associated Journals Limited (AJL).
The action has been taken under Section (8) and Rule 5(1) of the Prevention of Money Laundering Act (PMLA) that talks about the procedure of taking possession of the assets that are attached by the ED and confirmed by the adjudicating authority (of PMLA).
The federal probe agency said in a statement that it has affixed these notices at the Herald House located in Delhi at ITO, at the premises in Bandra area of Mumbai and the AJL building located at Bisheshwar Nath Road in Lucknow on Friday.
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