New Delhi ~ Nine luxurious apartments and commercial buildings in Dubai worth more than Rs 51 crore have been attached under the anti-money laundering law in an alleged bank loan fraud case, the Enforcement Directorate (ED) said on Tuesday.

The federal probe agency’s Bhopal zonal office issued a provisional order under the Prevention of Money Laundering Act (PMLA) on Monday to attach these assets.

The investigation pertains to a bank fraud by Advantage Overseas Private Limited (AOPL), its directors, guarantors and related people, including its main director/significant beneficial owner Shrikant Bhasi, which caused wrongful loss of Rs 1,266.63 crore to the State Bank of India (SBI), the ED said in a statement.

The attached properties, worth Rs 51.70 crore, belong to Bhasi and were gif

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