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NSEL scam: ED attaches White Water Foods' rice mill worth Rs 41 cr

White Water has a total payment obligation of Rs 84.82 cr in the scam

BS Reporter Mumbai
Last Updated : Mar 13 2015 | 4:30 PM IST

The Enforcement Directorate (ED), on Thursday, has attached a Haryana based rice mill of White Water Foods Pvt Ltd (WWPL), a defaulter in the Rs 5,600 crore payment default at National Spot Exchange Ltd (NSEL). According to an estimate, the attached rice mill is valued at Rs 41 crore.

Chandigarh-headquartered WWPL has a total payment obligation of Rs 84.82 crore as of January 30, 2015. Attempts to reach WWPL directors Kamal Dewan and Mohit Dewan proved futile.

Earlier, the ED had attached an Ahmedabad-based oil mill worth Rs 278 crore of N K Proteins (NKP) in the same case. With this, overall worth of attached properties by all agencies is estimated at over Rs 6,300 crore.

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First Published: Mar 13 2015 | 3:44 PM IST

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