ED Attaches Luxury Flats and Funds in Gensol Group Money Laundering Probe

The Enforcement Directorate (ED) has provisionally attached two luxury apartments in Gurugram linked to the Gensol Group and its promoters, Anmol Singh Jaggi and Punit Singh Jaggi, under the Prevention of Money Laundering Act. The properties, valued at over Rs 72 crore, along with bank deposits worth Rs 14.28 crore, are connected to investigations into alleged diversion of government-backed loans intended for electric vehicle expansion. The probe involves multiple companies and individuals accused of criminal conspiracy and financial irregularities.