"The confiscated properties are in form of four flats at the iconic building Samudra Mahal in Worli Mumbai, one seaside farmhouse and land in Alibaug, windmill in Jaisalmer, flat in London and residential flats in UAE, shares and bank deposits," said the ED.
After giving the order to confiscate his properties, the FEOA Special Court directed the consortium to approach PMLA Special Court under Section 8(8) to claim the mortgaged/hypothecated and secured properties, which were attached by ED. On examination of the properties attached, it was found that properties worth Rs 1000 crore are prima facie covered under the mortgage.
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