<h1>ED provisionally attaches over Rs 7,545 crore assets linked to corporate group under Section 5(1) PMLA investigation</h1> The Enforcement Directorate issued provisional orders under the Prevention of Money Laundering Act attaching over Rs 7,545 crore of assets linked to a major corporate group and its associated entities, including residential and commercial properties and 32 acres of land, as part of an investigation into alleged bank fraud and money laundering. The agency alleges diversion and evergreening of loans, siphoning of funds domestically and abroad through shell companies and hawala channels, resulting in large non-performing assets and losses to banks; a parallel FEMA search found further alleged misappropriation. The probe follows a criminal FIR by another central agency and aims to recover proceeds for victim lenders.