{
  "id": 3955845,
  "title": "ED Freezes Rs 51.75 Crore Bank Deposit in ₹34,615 Crore DHFL Fraud Case",
  "url": "https://urgent.news/2026/08/28/ed-freezes-rs-51-75-crore-bank-deposit-in-34-615-crore-dhfl-fraud-case",
  "topic": "world",
  "section": "World",
  "published": "2026-08-28T11:31:44.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/ed-freezes-rs-5175-crore-bank-deposit-in-34615-crore-dhfl-fraud-case"
  },
  "original_language": "en",
  "account": "The Enforcement Directorate (ED) has frozen a bank deposit worth Rs 51.75 crore as part of its investigation into the alleged Rs 34,615 crore DHFL bank fraud. The freeze came after searches were conducted against DHFL on August 19 under the Prevention of Money Laundering Act (PMLA). The ED's probe focused on a UK property, Hurtmore House, held in the name of Vanita Wadhawan, Kapil Wadhawan's wife. The agency alleged that the property was sold through transactions involving the creation of a fictitious liability. A loan agreement was said to have been executed between Al Jalore Trading FZE and Vanita Wadhawan, after which the property was mortgaged. The ED claims that Vedanta disclosed the search operation, which ended without any penalty or business impact. During the searches, the ED examined the company's account and froze roughly $5.41 million under the PMLA, seizing associated documents. The investigation stems from a complaint filed by 17 banks, including Union Bank of India, alleging diversion and misappropriation of funds resulting in losses of around Rs 34,615 crore. Further investigation is ongoing.",
  "summary": "New Delhi: The Enforcement Directorate (ED) has frozen a bank deposit worth about $5.41 million, or Rs 51.75 crore, as part of its money-laundering investigation into the alleged Rs 34,615 crore DHFL bank fraud. The action followed searches conducted against Dewan Housing Finance Corporation Ltd (DHFL) on August 19 under the Prevention of Money Laundering Act (PMLA), the agency said on Friday. UK…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}