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ED attaches Rs 442 Cr assets in RummyCulture case; total value stands at Rs 2,843 Cr

The ED has provisionally attached assets worth Rs 442 Cr in its money-laundering investigation involving Gameskraft and its online gaming platform, RummyCulture.

Tarun Mottlia

Via Entrackr

·Excerpt
ED attaches Rs 442 Cr assets in RummyCulture case; total value stands at Rs 2,843 Cr
Image: Entrackr

"The Enforcement Directorate (ED) has provisionally attached movable and immovable assets worth Rs 442 crore in its money laundering investigation involving Gameskraft Technologies and its online gaming platform RummyCulture, according to an ED press release. The ED"s Bengaluru Zonal Office issued the provisional attachment order on September 25 under Section 5(1) of the Prevention of Money Laundering Act (PMLA), 2002. The assets attached include balances in fixed deposits, commercial shops, a villa and multiple residential properties. These assets are held…

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