The Enforcement Directorate (ED) on Friday attached property worth Rs84 crore of the Seashore Group under the Prevention of Money laundering Act-2002. ED sources said while land worth Rs73 crore was attached, the list involves Rs9 crore which was found during investigation to be donated to the Bhubaneswar Institute of Technology (BIT). The agency also attached the group’s bank deposit of Rs3.25 crore, it added.
The agency attached several valuable pieces of land scattered over Angul, Sambalpur and Balangir districts and a roller mill in Cuttack. Notably, the ED had attached property worth about Rs158 crore belonging to the company on December 3 last year.