The Adjudicating Authority under the Prevention of Money Laundering Act has confirmed the attachment of assets worth ₹751.90 crore by the Enforcement Directorate in a money laundering case involving Associated Journals Limited and Young Indian. However, the AICC treated the said loan of ₹90.21 crore as non-recoverable from AJL and sold it for ₹50 lakh to a newly-incorporated company, Young …
