Overview
- The Enforcement Directorate's Gurugram zonal office detained Amit Katyal under the PMLA and a Gurugram special court remanded him to six days of custody.
- The case stems from complaints over non-delivery of flats at Krrish Florence Estate, a 14-acre Sector 70 development tied to Angle Infrastructure and Krrish Realtech.
- ED findings cited in reports allege money was collected from buyers before DTCP Haryana granted a licence and that fraudulent bookings were made, including in a scheme for government employees.
- The agency says proceeds of crime exceed ₹300 crore, with probes also flagging diversion of public bank loans causing about ₹80 crore in losses and an undervalued transfer of 2 acres during insolvency.
- The investigation followed FIRs by Gurugram Police and Delhi EOW, and Katyal was earlier chargesheeted in August in a separate homebuyer default case and arrested in 2023 in the land-for-jobs probe linked to Lalu Prasad's family.