ED attaches ₹61.38-crore assets
The Hindu
Aassets include agricultural land in Raigad (Maharashtra) and the warehouses of entities under the control of erstwhile promoters of BSL.
The Enforcement Directorate (ED) has attached assets worth ₹61.38 crore in connection with the alleged siphoning of public funds from Bhushan Steel Limited (BSL), Bhushan Energy Limited (BEL) and others.
The assets include agricultural land in Raigad (Maharashtra) and the warehouses of entities under the control of erstwhile promoters of BSL.
The ED probe is based on a complaint filed by the Serious Frauds Investigation Office (SFIO) under various provisions of the Companies Act and the Indian Penal Code.
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.