Other · 14 Oct
ED completes registration of seven Heera Group properties auctioned for ₹15.03 crore
AI summaryThe Enforcement Directorate completed the registration of seven properties belonging to the Heera Group, which were auctioned for ₹15.03 crore, with proceeds to be transferred to the SFIO for distribution to fraud victims. The auction followed Supreme Court directions in a money laundering case against Nowhera Shaik and the Heera Group. The ED also reported that Nowhera Shaik was apprehended in Gurugram and remains in judicial custody.
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