ED Freezes Assets Valued at ₹1,595 Crore in PACL Investigation

The Enforcement Directorate (ED) has attached assets valued at approximately ₹28,626 crore in connection with an ongoing investigation involving the Gian Sagar Educational & Charitable Trust. The properties in question are situated in Ramnagar, Punjab.

This action is part of a broader investigation by the ED into alleged financial irregularities linked to the trust. The agency has been focusing on a range of assets both within India and internationally, as part of its efforts to combat money laundering and ensure compliance with financial regulations. Further developments in the investigation are anticipated, as the ED continues to scrutinize the financial activities associated with the trust and its affiliated entities.