ED affixes immovable assets of Shinecity Group companies

The total value of the attachment is about Rs 49 crore . The 41.63-hectare parcel totals Rs 31.24 crore .

New Delhi (India), November 24: The Department of Justice (ED) announced on Thursday that it had provisoally attached to 41.63-hectare land in the name of Shinecity firm firms.According to the department, the total value of the attachment is about Rs 49 crore so far.The 41.63-hectare parcel totals Rs 31.24 crore, according to the property's value.A residential plot in Lucknow, named Amitabh Kumar Srivastava, has also been attached provisoly, with a value of Rs 23.70 lakh.

At this stage of the case, the amount of illicit proceeds is about Rs 80.78 crore.In Lucknow and Varanasi, the ED said it had already attached several immovable properties in the name of Shinecity Group companies.According to the government, an investigation is ongoing.

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