New Delhi: The Enforcement Directorate (ED) has seized movable and immovable properties across Tamil Nadu valued at Rs 121.80 crore as part of the ongoing investigation into Neomax Properties Private Ltd and its associated companies. The properties were attached on April 9 under the Prevention of Money Laundering Act (PMLA), 2002, in connection with the allegations against Neomax Properties and its subsidiaries—Garlando Properties Pvt.
