Enforcement Directorate. File.
The Asset Disposal Committee (ADC) presided by Justice (retired) Dilip Kr. Seth and comprising Enforcement Directorate (ED) officials has, in the eighth round, disbursed ₹10.5 crore to 11,883 more victims of the Rose Valley Ponzi scheme. The total amount disbursed so far now stands at over ₹55.45 crore to 72,760 victims.
“In the committee presided over by ADC Chairperson Justice (retired) Dilip Kr. Seth, ED (Kolkata) has played a crucial role in facilitating the attachment, possession, and disbursement of assets of the Rose Valley Group, thereby smoothening and expediting the restitution of properties to the thousands of victims in West Bengal, Odisha, Assam, etc.,” an agency official said.
The agency is actively assisting the ADC in conducting survey and valuation of the confirmed attached properties and in facilitating expeditious monetisation of assets for disbursal to the investors/victims.
“Further restitution process is expected to continue over the coming months as more claims are scrutinised and validated by the ADC. As on date, the ADC has processed 72,760 claims resulting into funds disbursal of about ₹55.45 crore,” the agency said.
The ED has attached movable properties worth ₹494 crore and immovable assets valued at ₹1,069 crore, spread across West Bengal, Odisha, Assam, and Tripura, with properties in West Bengal alone accounting for ₹1,184 crore.
Published – July 16, 2025 11:07 pm IST
