PMC bank scam: ED seizes 12 high-end cars of HDIL owners

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The Enforcement Directorate (ED) has seized 12 high-end cars which include two Rolls Royce, two Range Rover and one Bentley, of Housing Development and Infrastructure Limited (HDIL) chairman Rakesh Wadhawan and his son Sarang Wadhawan on Friday following raids at six locations in Mumbai.

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Watch PMC bank scam: ED seizes 12 high-end cars of HDIL owners With HD Quality.

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    PMC bank scam: ED seizes 12 high-end cars of HDIL owners

    The Enforcement Directorate (ED) has seized 12 high-end cars which include two Rolls Royce, two Range Rover and one Bentley, of Housing Development and Infrastructure Limited (HDIL) chairman Rakesh Wadhawan and his son Sarang Wadhawan on Friday following raids at six locations in Mumbai.

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    Watch PMC bank scam: ED seizes 12 high-end cars of HDIL owners With HD Quality

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    HDIL promoters Rakesh and Sarang Wadhawan on Wednesday wrote a letter requesting the agencies to sell off their attached assets at the fair market value, monetise it and start the process of repaying loans to Punjab and Maharashtra Co-operative (PMC) Bank.

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    Watch PMC Bank Fraud: HDIL promoters offer to sell their assets for making payments With HD Quality

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