ED Attaches Gurugram Luxury Flats Worth Rs 73 Crore in Gensol-BluSmart Probe
1 hour agoCrime
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5 SourcesGurgaon, India
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ED Attaches Gurugram Luxury Flats Worth Rs 73 Crore in Gensol-BluSmart Probe

The Enforcement Directorate (ED) has provisionally attached two luxury apartments in Gurugram valued at around Rs 73 crore and bank balances totaling Rs 14.28 crore linked to the Gensol Group and BluSmart in a money laundering probe. The investigation, based on FIRs by Delhi Police and the CBI, alleges that public funds disbursed as loans for electric vehicle fleet expansion were diverted through complex transactions for other business uses and promoters' enrichment. Promoters Anmol and Puneet Singh Jaggi, along with associated entities, are under investigation.

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