Overview

• The Hyderabad Zonal Office issued the provisional attachment on August 28 under the Prevention of Money Laundering Act.
• Investigators allege land in survey number 181 at Nagaram was falsely claimed as ancestral property and sold through middlemen working with some revenue officials.
• The agency estimates proceeds of crime at about ₹6.45 crore and says part of the funds were used to buy assets in the name of Faiqa Taha Khan.
• The attached immovable properties are located in Banjara Hills, Tolichowki and Shamshabad in and around Hyderabad.
• Earlier ED searches seized 45 cars, incriminating documents, ₹23 lakh in cash and 12,000 UAE dirhams, with the investigation continuing.