<h1>ED attaches Rs 1,452 crore properties under PMLA Section 5 in major corporate loan fraud investigation</h1> The Enforcement Directorate has provisionally attached immovable properties worth about Rs 1,452 crore under the Prevention of Money Laundering Act in an ongoing investigation against a corporate group and its telecom subsidiary. The attached assets include commercial buildings and plots in Navi Mumbai, Pune, Chennai and Bhubaneswar, and add to earlier attachments of Rs 7,500 crore, taking the total to Rs 8,997 crore. The case concerns alleged bank loan fraud and financial irregularities involving outstanding loans of about Rs 40,185 crore, with multiple banks having classified the accounts as fraudulent. The agency alleges large-scale diversion and 'evergreening' of loans, misuse of bill discounting, routing of funds to connected parties, investment and liquidation of financial instruments, and siphoning of funds abroad.