Housing society fund diversion case registered by Kerala police: ED freezes, seizes assets worth Rs 103 crore

A day after conducting searches on 12 premises linked to the society and its founder R Premkumar, the ED’s Kochi zonal office on Thursday said the action had resulted in the seizure of eight luxury cars, including Porsche, Rolls-Royce, Toyota Vellfire, Mahindra EV 9e and Mercedes models, valued at around Rs 7 crore.

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