
The Enforcement Directorate (ED) has provisionally attached immovable assets worth approximately Rs 400 crore belonging to Jaiprakash Sewa Sansthan (JSS) and Page 3 Buildtech Private Limited. This action is part of an ongoing money laundering investigation into alleged large-scale fraud and diversion of homebuyers' funds by Jaypee Infratech Ltd (JIL) and Jaiprakash Associates Ltd (JAL). The ED claims funds collected for projects were diverted for non-construction purposes, leaving homebuyers defrauded. Manoj Gaur, former MD of JIL and managing trustee of JSS, and Honeyy Katiyal, promoter of Investors Clinic and owner of Page 3 Buildtech, are linked to the attached assets.
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