The ED issued the order under the stringent Prevention of Money Laundering Act (PMLA) after it got the approval of the adjudicating authority of the law, which is based in the national capital, and it includes immovable properties in Delhi, Mumbai and Pune of the duo, official sources said.The ED will now begin proceedings for attachment of these properties.
"An attachment order and showcause notice has been issued to us under the Prevention of Money Laundering Act by the Enforcement Directorate. We will appeal against it," Ali's lawyer RK Gaur said.
The attachment order notice, according to sources, also includes Ali's high-end imported cars, including Mercedes, Porche and others, a flat in Pune's posh Koregaon Park area and a residential building in Mumbai and Tapuriah's property on Prithviraj Road in Delhi.
Pity still there are thousands of crores stashed away abroad which are yet to be confiscated!