The Enforcement Directorate (ED) on Friday moved before Adjudicating Authority, New Delhi to seek confirmation of attachment of movable property worth `11.92 lakh of DOMCO Pvt. Ltd and its officials in one of the coal block scam cases.
On October 23, ED had made provisional attachment of assets of DOMCO Pvt Ltd under Prevention of Money Laundering Act 2002.
The amount was parked in the Axis Bank account of Ranchi based Hotel Le Lac owned by Binay Prakash who is also owner of the company.
“Under provisions of PMLA any attachment has to be confirmed by the Adjudicating Authority within 180 days of provisional attachment. In the past also ED had attached assets of the company.
