Hero MotoCorp Chairman Pawan Munjal's Delhi Properties Worth Over Rs 24 Cr Attached by ED

The Enforcement Directorate on Friday said it has attached assets worth ₹24.95 crore of Hero MotoCorp executive chairperson Pawan Kant Munjal as part of a money laundering investigation against him.

Three immovable properties of Mr. Munjal located in Delhi have been provisionally attached under the provisions of the Prevention of Money Laundering Act (PMLA), the central agency said in a statement.

Mr. Munjal, it said, is the CMD and Chairman of Hero MotoCorp Ltd and the assets are worth about ₹24.95 crore.