Unitech promoters' ₹150-cr assets seized in money laundering case

The Enforcement Directorate (ED) on Tuesday said that it has seized properties worth over ₹150 crore owned by promoters of the Unitech Group in a money laundering case. The assets include 12 land pieces situated in Gurugram, Haryana, the agency said. The case is related to allegations that promoters had illegally diverted over ₹2,000 crore to Cyprus and Cayman Islands.