New Delhi:  The Enforcement Directorate on Thursday said that it has seized assets worth Rs 3.19 crore, ED officials said that the seized assets are in the form of 15 immovable properties in Telangana and Andhra Pradesh.

The ED initiated an investigation on the basis of information received from the office of the Development Commissioner, Visakhapatnam Special Economic Zone. The ED was told that 3K Technologies Limited had reported abnormal exports.

The official said that 3K Technologies Inc. USA was incorporated on 23 February 2007 and Tejesh K. Kodali was made director of the USA Company. It was learnt that 3K Technologies Inc USA was dissolved on 28 January 2011 within 3 months after receipt of the final ODI tranche.