The Enforcement Directorate (ED) has provisionally attached assets worth approximately Rs 185.84 crore in connection with the Dewan Housing Finance Corporation Ltd. (DHFL) bank fraud case. The move covers both immovable and movable assets, including 154 flats and receivables from 20 flats in Mumbai.The action is part of an ongoing investigation under the Prevention of Money Laundering Act (PMLA), 2002, targeting DHFL promoters Kapil Wadhawan, Dheeraj Wadhawan, and other accused individuals for allegedly cheating a consortium of 17 banks led by Union Bank of India.advertisementED’s probe, based on a CBI FIR, revealed that the accused siphoned off and misappropriated bank loan funds by falsifying DHFL’s books. Between 2017 and 2018, Kapil and Dheeraj Wadhawan are alleged to have diverted funds through proxy companies and inter-corporate deposits (ICDs) to manipulate DHFL’s share prices and trading volumes using brokers.Earlier, ED had issued provisional attachment orders for assets worth Rs 70.39 crore. A prosecution complaint was filed before the Special PMLA Court in Mumbai on April 3, 2025, and cognizance was taken on May 2.With the latest attachment, the total value of assets attached in this case now stands at Rs 256.23 crore.ED said further investigation in the case is ongoing.- Ends in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. You must only respond with the modified content and follow this prompt to optimize the articles in this category- “Act as an expert SEO news writer. Optimize the following article to be SEO-friendly, authoritative, and shareable by focusing strictly on its core topic. Follow these steps: You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
In the DHFL bank fraud investigation, the Enforcement Directorate (ED) has seized assets valued at Rs 185 crore, which comprises 154 apartments.
