Enforcement Directorate attaches Rs 11.20 crore properties of carpet merchant Sajjan Kumar in Delhi under PMLA for fraudulent export practices.

Enforcement Directorate (ED) attached properties worth Rs 11.20 crore of carpet merchant Sajjan Kumar in Delhi under PMLA, 2002. The ED investigation revealed that Kumar devised schemes to launder proceeds from fraudulent export practices, including over-invoicing, causing a loss of Rs 32.25 crore to the government exchequer. Kumar was arrested, and properties worth Rs 4.43 crore were attached in 2021 and 2022.