AdvertisementDavid George K. Vs Deputy Director (Appellate Tribunal Under SAFEMA Delhi) SAFEMA Tribunal Upholds PMLA Attachment in PRD Mini Nidhi Scam; Holds Failure to Explain Source of Assets Justifies Attachment The Appellate Tribunal under SAFEMA dismissed the appeal filed by David George K., upholding the attachment of his properties in connection with the PRD Mini Nidhi Ltd. deposit scam. The ED’s investigation revealed that the company had mobilised over ₹105.9 crore from depositors, while ₹44.82 crore remained payable. The Tribunal noted that the appellant was allegedly involved in siphon...