<h1>ED attaches Rs 3,084 crore assets under PMLA linked to corporate group chairman over alleged Rs 17,000 crore loan diversion</h1> The Enforcement Directorate issued four provisional orders under the Prevention of Money Laundering Act attaching assets worth approximately Rs 3,084 crore linked to a major corporate group and its chairman, including residential and commercial properties across multiple cities. The attachments relate to an investigation into alleged diversion and laundering of public funds raised by two group finance subsidiaries, where a private bank's investments turned non-performing with significant outstanding amounts by December 2019. The probe - originating from a Central Bureau of Investigation FIR - follows searches at numerous premises and questioning of the group chairman and executives, and alleges collective loan diversion exceeding Rs 17,000 crore.