₹150-crore property near Buckingham Palace attached by ED in money laundering case

Ashley Paul, Published on Dec 31st, 2025

₹150-crore property near Buckingham Palace attached by ED in money laundering case

The Enforcement Directorate has attached a property worth ₹150 crore near Buckingham Palace in London in a money laundering case involving textile businessman Nitin Kasliwal and his company S Kumars Nationwide. Kasliwal is accused of defrauding a consortium of banks of ₹1,400 crore, ED said. It added that Kasliwal diverted the funds outside India to buy immovable assets.

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