# Tribunal upholds attachment of $250,000 London policy in Emaar case 2026-08-14T06:07:15+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The SAFEMA appellate tribunal has upheld the Enforcement Directorate’s attachment of a $250,000 London insurance policy of industrialist Koneru Pradeep in the Emaar Hills Township money-laundering case. Member Rajesh Malhotra dismissed Pradeep’s appeal on August 11, confirming the 2022 adjudicating authority order. Pradeep had argued that the policy was bought in 1998, before the alleged scam, and that ED had already attached properties covering the quantified proceeds of crime of Rs 167 crore. ED countered that premium payments continued until 2014, money laundering is a continuing offence, and the full extent of proceeds cannot be rigidly fixed. The case involves alleged cash collections of Rs 96 crore from villa buyers. ## Coverage - timesofindia.indiatimes.com - timesofindia.indiatimes.com Tags: Emaar scam, Enforcement Directorate, Koneru Pradeep, PMLA, SAFEMA Canonical: https://indianopinion.org/tribunal-upholds-eds-attachment-of-koneru-pradeeps-london-policy-in-emaar-case/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/tribunal-upholds-eds-attachment-of-koneru-pradeeps-london-policy-in-emaar-case/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.