Published Nov 21, 2023 at 12:43 AM IST
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ED attaches Congress linked AJL properties

On Tuesday, ED has issued an order to provisionally attach properties worth Rs. 751.9 Crore in a money-laundering case investigated under the PMLA, 2002. Investigation revealed that M/s. Associated Journals Ltd. (AJL) is in possession of proceeds of crime in the form of immovable properties spread across many cities of India such as Delhi, Mumbai, and Lucknow to the tune of Rs. 661.69 Crore and M/s. Young Indian (YI) is in possession of proceeds of crime to the tune of Rs. 90.21 Crore in the form of investment in equity shares of AJL. Reacting to the news, Congress president Mallikarjun Kharge said: “Reports of attachment of AJL’s properties by the Enforcement Directorate are a clear indication of the BJP’s panic in the ongoing elections. Staring at defeat in Chhattisgarh, Madhya Pradesh, Rajasthan, Telangana and Mizoram, the BJP Govt feels compelled to misuse its agencies. This attempt too will fail and the BJP will be defeated in the polls.”

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