CORRECTED-Indian agency attaches assets worth $37 mln from Joyalukkas' chairman

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Corrects to say case was related to alleged violation of foreign exchange laws, not money laundering; also corrects name of Joyalukkas chairman) BENGALURU, Feb 24 (Reuters) - India's financial crime agency said on Friday it conducted searches and attached assets worth 3.06 billion rupees ($36.98 million) belonging to Alukkas Varghese Joy, the chairman of jeweller Joyalukkas, in a case related to alleged violation of foreign exchange laws. ($1 = 82.7380 Indian rupees) (Reporting by Nandan Mandayam in Bengaluru; Editing by Sherry Jacob-Phillips)

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