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ED attaches assets worth ₹1 81 crore in land case involving deceased builder Yusuf Lakdawala

ED attaches assets worth ₹1 81 crore in land case involving deceased builder Yusuf Lakdawala
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Mumbai: Enforcement Directorate arrests Yusuf Lakdawala in money laundering case

Enforcement Directorate (ED) on Friday arrested developer Yusuf Lakdawala in connection with the land grab case of Khandala. Lakdawala was grilled by the ED sleuths on Thursday for several hours after which he was placed under arrest.

ED arrests Mumbai builder, financier Yusuf Lakdawala in money laundering case

ED arrests Mumbai builder, financier Yusuf Lakdawala in money laundering case SECTIONS Last Updated: May 28, 2021, 09:51 PM IST Share Synopsis The ED case against the 76-year-old Lakdawala and others was based on a 2019 FIR filed by the economic offences wing (EOW) of the Mumbai police that pressed charges of cheating and forging documents related to a 50 crore worth land situated in Khandala under Pune district s Maval tehsil. Getty Images The Enforcement Directorate (ED) on Friday arrested Mumbai-based builder and film financier Yusuf M Lakdawala in a money laundering case linked to an alleged forging of document for the purchase of a prime land in Khandala. He was arrested under sections of the Prevention of Money Laundering Act (PMLA) and later produced by the central probe agency before a local court that sent him to ED custody till June 2, the agency said.

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