Enforcement Directorate has attached immovable property and deposits worth Rs 24 lakh of a Coimbatore-based man in a money laundering case.
A M Kaja Husain had invested money, allegedly earned through illegal means, in a property and made deposits as well, ED said today.
It was found during probe that he was an associate of B Purushothaman whose property was attached last year in connection with cases under the Prevention of Money Laundering Act.
Purushothaman had bought goods in the name of fictitious companies, sold such merchandise and shared the sale proceeds among his associates, an official release here said.
The ED attached Husain's properties registered in his relatives names valued at Rs 24 lakh.
Further probe against him was on, the release added.
