The Enforcement Directorate on Monday provisionally attached movable assets worth ₹41.65 crore of lawyer Rohit Tandon and the then Kotak Mahindra Bank manager Ashish Kumar in connection with the alleged conversion of demonetised notes using demand drafts.
The attached properties include demand drafts, issued in favour of fictitious persons, for ₹34.88 crore. These drafts were earlier in the custody of the Income-Tax Department.
The proceeds of the demand drafts with various banks for more than ₹3 crore, besides ₹3.65 crore worth drafts in the custody of the I-T Department, have also been attached under the PMLA. The probe was launched on the basis of a case registered by the Delhi police’s crime branch.
