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ED attaches properties worth Rs 10.20 crore of ICICI bank employee in

According to release, seized cash to the tune of Rs 4,88,97,150 has also been provisionally attached in the case under of the PMLA

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New Delhi: The Enforcement Directorate (ED) has attached movable and immovable properties worth Rs 10.20 crore in a case of fraud committed by ICICI Bank employee Vijayasarathi in Vijayapura branch of the ICICI Bank in Karnataka, an official release said on Friday.

"The investigation under Prevention of Money Laundering Act, 2002 (PMLA) revealed that accused Vijayasarathi, the mastermind of fraud had parked/utilised/spent the proceeds of crime in immovable properties as well as movable properties," ED release read.

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