ED seizes Rs 131 crore of Haryana-based firm indirectly owned by a Chinese national  

The Enforcement Directorate has seized Rs 131.11 crore of a Haryana-based under the Foreign Exchange Management Act, officials said.

The Enforcement Directorate has seized Rs 131.11 crore of a Haryana-based PC Financial Services Private Limited, a Non-banking Financial Company (NBFC), under the Foreign Exchange Management Act, officials said.

The amount, officials say, was in bank accounts and virtual accounts with payment gateways belonging to PC Financial Services Private Limited. Earlier, Rs 106.93 crore was seized by the ED on August 26, 2021.