Archive · 27 Jan 2026
ED Attaches Rs 1,986 Crore Assets in PACL Scam
The Enforcement Directorate (ED) has taken control of properties worth Rs 1,986.48 crore in Ludhiana and Jaipur.
These properties are linked to a company called PACL, which is accused of cheating many investors.
PACL promised to develop agricultural land and give high returns, but it didn't keep its promises.
The ED says PACL took over Rs 60,000 crore from investors and didn't pay back around Rs 48,000 crore.
This is part of a bigger investigation into money laundering.
The ED has now attached assets worth about Rs 7,589 crore in total related to this case.
The ED believes that part of the money from this fraud was used to buy these properties.
ED attached 37 immovable properties worth Rs 1,986.48 crore in Ludhiana and Jaipur.
The attachment is part of a money laundering probe into the PACL scam.
PACL allegedly swindled over Rs 60,000 crore from investors nationwide.
The scheme promised agricultural land development but left around Rs 48,000 crore unpaid.
Total attachments in the case now stand at approximately Rs 7,589 crore.
- Who
- Enforcement Directorate (ED)
- What
- Attachment of assets worth Rs 1,986.48 crore in the PACL scam
- When
- Monday, January 26, 2026
- Where
- Ludhiana and Jaipur
- Why
- As part of a money laundering probe into the PACL scam
- Amount Attached
- Rs 1,986.48 crore
- Properties Attached
- 37 immovable properties
- Locations
- Ludhiana and Jaipur
- Total Attachments
- Rs 7,589 crore
- Alleged Fraud Amount
- Over Rs 60,000 crore
- Unpaid Amount
- Around Rs 48,000 crore
- Act Used
- Prevention of Money Laundering Act (PMLA), 2002
- Company Involved
- Pearls Agro-Tech Corporation Limited (PACL)
Sources
ED attaches assets worth Rs 1,986 crore from Ludhiana, Jaipur in PACL scam; total value of seizures nears Rs 7,600 crore
ED attaches fresh PACL assets worth over Rs 1,986 crore
ED attaches PACL properties worth Rs 1,986 crore in money laundering case
