https://www.taxtmi.com/news?id=35124 A restitution application under Section 8(8) of the Prevention of Money Laundering Act was filed to transfer attached movable and immovable properties to the state crime department for restoration to depositors under the Andhra Pradesh Protection of Depositors of Financial Establishments Act, 1999. The special court permitted restitution, enabling release of attached properties valued at Rs 3,339 crore at attachment, comprising agricultural lands, residential and commercial plots, apartments and a recreational property, following an ED probe into a large fraudulent collective investment scheme. en-us Mon, 24 Feb 2025 20:16:02 +0530 Mon, 24 Feb 2025 20:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35124 A restitution application under Section 8(8) of the Prevention of Money Laundering Act was filed to transfer attached movable and immovable properties to the state crime department for restoration to depositors under the Andhra Pradesh Protection of Depositors of Financial Establishments Act, 1999. The special court permitted restitution, enabling release of attached properties valued at Rs 3,339 crore at attachment, comprising agricultural lands, residential and commercial plots, apartments and a recreational property, following an ED probe into a large fraudulent collective investment scheme. News - Mon, 24 Feb 2025 20:16:02 +0530 https://www.taxtmi.com/news?id=35124