ED attaches assets of ex-HAL GM, five others over embezzlement charges

Assets worth more than Rs 2.39 crore of a former GM (finance) of the Hindustan Aeronautics Ltd (HAL) and five others have been attached under the anti-money laundering in a probe linked to alleged funds fraud at the state-run aerospace major of the country, the ED said on Saturday.

A provisional order for attaching movable and immovable properties of Bhaben Maitra, who served as the general manager (finance) of HAL, Bipra Charana Maharana, Sadananda Nayak, Jisudan Khosla, Jayaram Garada Jagannath Apat and late Urdhaba Khosla has been issued under provisions of the Prevention of Money Laundering Act, the central agency said in a statement

The total value of these assets is Rs 2,39,38,681, the central agency said.