“The seized asset is valued at Rs 25.8 lakh, the agency said”
New Delhi, March 29:
The Enforcement Directorate (ED) has attached a Srinagar-located asset linked to Kashmiri separatist leader Shabir Shah in connection with a 14-year-old funding and money laundering case against him and others, the agency said Friday.
The property is located in Effandi Bagh in the Rawalpora area of Srinagar, Jammu and Kashmir’s summer capital, and the central probe agency issued a provisional order to attach the asset under the Prevention of Money Laundering Act (PMLA).
The ED said the asset is being “held in the name” of Shah’s wife and daughters.
The seized asset is valued at Rs 25.8 lakh, the agency said.