ED action against Unitech Group, temporarily attached hotel in London




New Delhi: During the ongoing proceedings against Unitech Group under the Money Laundering Act, the Enforcement Directorate has temporarily attached a hotel named Bed and Breakfast located in London. The value of the hotel is said to be around Rs 59 crore. It is alleged that the hotel was bought with scam money.

The money was used to buy shares of M/s Ebonshorn Ltd., UK in the name of Carnosty Management India Pvt Ltd, an entity belonging to the Carnosty Group. According to the ED, the hotel named Bed and Breakfast is owned by  Eibonshorn Ltd and the company is a UK-based subsidiary of the Carnosti Group.

multiple FIRs lodged

Also read: ED arrests promoter of Ambience Group, in custody till August 5 in money laundering case

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