<h1>Provisional attachment under PMLA of properties linked to alleged disproportionate assets and money laundering, pending probe.</h1> Provisional attachment proceedings under the Prevention of Money Laundering Act were initiated against a former state power utility managing director, with a residential flat, a shop and agricultural land in his and family members' names provisionally attached as alleged proceeds of crime. The enforcement agency alleges declared legitimate income was far lower than expenditures on assets and that excess funds were routed through family bank accounts to integrate illicit funds into immovable property, prompting the attachment to prevent dissipation while investigations continue.