Archive · 1 Jan 2026
ED Attaches Rs 150 Crore London Property in Fraud Case
The Enforcement Directorate (ED) in India has attached a very expensive property in London, near Buckingham Palace.
This property is worth about Rs 150 crore and is owned by a businessman named Nitin Shambhukumar Kasliwal and his family.
Mr. Kasliwal is accused of cheating Indian banks out of Rs 1,400 crore.
The ED found out that he used a trust and companies in different countries to hide his money.
They also found important documents and digital devices during their searches.
The property was attached as part of their investigation into this big fraud case.
ED attached a Rs 150 crore property near Buckingham Palace in London.
The property is owned by Nitin Shambhukumar Kasliwal and his family.
Kasliwal is accused of defrauding Indian banks of Rs 1,400 crore.
The ED found a complex network of trusts and companies in offshore tax havens.
A trust named Catherine Trust controlled a company that owned the property.
- Who
- Nitin Shambhukumar Kasliwal and his family members
- What
- Attachment of a high-value property in London
- When
- December 30, 2025
- Where
- Near Buckingham Palace, London
- Why
- Involvement in a Rs 1,400 crore bank fraud case
- Property Value
- Rs 150 crore
- Accused
- Nitin Shambhukumar Kasliwal
- Company Involved
- S Kumars Nationwide Limited
- Fraud Amount
- Rs 1,400 crore
- Attachment Date
- December 30, 2025
- Trust Name
- Catherine Trust (formerly Surya Trust)
- Company Name
- Catherine Property Holding Limited (CPHL)
- Location
- Near Buckingham Palace, London
Sources
ED Attaches UK-Based High-Value Property Near Buckingham Palace in Rs 1,400 Crore Bank Fraud Case
ED attaches UK-based high-value property located near Buckingham Palace in Rs 1,400 crore bank fraud case
ED seizes ₹5.12 crore in cash, gold, diamond jewellery & property docs in money laundering case against Inderjit Yadav
ED recovers Rs 5 crore in cash, Rs 8-crore jewellery from Delhi house in money laundering case
Suitcase Full Of Jewellery, Cash Worth Crores: Seizures From Delhi Home
ED Attaches ₹150-Cr London Property Near Buckingham Palace In S Kumars Fraud Case
ED attaches London property near Buckingham Palace in Rs 1,400 crore SKNL loan fraud
