The Enforcement Directorate (ED) has issued a provisional attachment order (PAO) under the Prevention of Money Laundering Act (PMLA) for assets worth Rs 113.5 crore linked to builder Lalit Tekchandani and his partners in a case involving defrauding potential homebuyers.

The connected assets include a home in Aambey Valley, residential and commercial properties in Mumbai, land parcels in the Raigad district, and fixed deposits totalling Rs 113.5 crore. The agency has already frozen/seized investments in shares, mutual funds, and fixed deposits totalling Rs 43 crore, stated an IANS report.