Assets of Rs 1 lakh crore seized, Rs 71 crore disposed of by taxmen: Govt

TheCentres direct and wings have seized immovable property valued at over Rs 1 lakh crore, but disposed of assets to the tune of Rs 71 crore, the government told theRajya Sabha.

According to the data shared by him, the ED has also secured confiscation of proceeds of crime of Rs 15,600 crore.The minister also said that assets of Rs 15,114 crore have been restituted to Public Sector Banks.