
ED attaches Punjab resort worth ₹32.57 crore
The Hindu
Its owner is accused of committing cheating and forgery in the Netherlands
The Enforcement Directorate has attached a resort worth ₹32.57 crore, located on National Highway-1 in Punjab's Phagwara, in connection with a money laundering case registered on the request of the Netherlands Government.
The Cabbana Resort & Spa belongs to Shivlal Pabbi and his associates. He is accused of committing cheating and forgery in the Netherlands in connivance with his Indian associates.
Shivlal Pabbi allegedly ran a “hawala” network, an underground banking system, in the Netherlands. The proceeds of the alleged crime were laundered through Dubai-based Pakistani nationals, who transferred the funds to him and his family members’ Non-Resident External accounts in Phagwara.

Former CM B.S. Yediyurappa had challenged the first information report registered on March 14, 2024, on the alleged incident that occurred on February 2, 2024, the chargesheet filed by the Criminal Investigation Department (CID), and the February 28, 2025, order of taking cognisance of offences afresh by the trial court.