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