Bike Bot scam: ED attaches assets worth ₹112.36 crore
The Hindu
They include flats in Kangra and under-construction towers in real estate projects
The Enforcement Directorate has attached assets worth ₹112.36 crore of Garvit Innovative Promoters Limited and others in connection with the “Bike Bot” scam in which a large number of investors in a bike taxi service were cheated.
The assets include flats in Himachal Pradesh’s Kangra and under-construction towers in real estate projects.
In July, the agency had attached properties worth ₹103.73 crore, involving 26 immovable properties and 22 bank accounts in the name of Garvit Innovative Promoters, Independent TV, Mars Enviorotech, Axle Energy, Pantel Mobility Health and other associate entities. That order has been confirmed by the Adjudicating Authority under the Prevention of Money Laundering Act.
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