The Enforcement Directorate (ED) on Wednesday swung into action in the chit fund scam by attaching properties worth Rs158 crore of the Seashore Group under the Prevention of Money laundering Act.
ED sources said the attached movable and immoveable properties of the company include two quintals of silver and one kg of gold, the corporate office of the company at Chandka and a house at Patrapada in Bhubaneswar, a flour mill at Barunei in Khordha district, an oil mill in Betanati in Mayurbhanj district, a farmhouse in Puri and around 100 acres of land in Angul and Bhadrak districts.
The ED also mentioned about 10 flats in Bhubaneswar. Out of the total ten, the Economic Offences Wing (EOW) of the State Crime Branch, the earlier investigating agency, had not seized seven houses at Behera Sahi of Nayapalli in Bhubaneswar, ED sources said.