<h1>ED Attaches Rs. 1.66 Crore Assets in Kotak Mahindra Bank Fraud Case Under PMLA 2002; 5 Arrested.</h1> The Directorate of Enforcement (ED) in Patna has provisionally attached assets worth approximately Rs. 1.66 Crore under the Prevention of Money Laundering Act, 2002, related to a fraud case involving Kotak Mahindra Bank. The investigation stems from an FIR alleging fraudulent transactions of Rs. 31.93 Crore from accounts of the Competent Authority for Land Acquisition. Accused parties, in collusion with bank officials, diverted funds to shell entities. Assets attached include bank funds and properties acquired with proceeds of crime. Searches led to the seizure of jewelry and cash, and five individuals have been arrested. Further investigation continues.