New Delhi, Feb 3: The Enforcement Directorate (ED) on Thursday announced that it has attached properties of former Union Minister, Matang Singh in connection to the multi crore Sharda chit fund scam.  

The agency said the properties (two residential buildings) attached are worth Rs 63 crore. The Enforcement Directorate has attached properties worth Rs 700 crore belonging to various accused including group owner and scam kingpin Sudipta Sen. 
 
Arrested by the Central Bureau of Investigation in February 2015, Matang Singh has been indicted of criminal conspiracy, cheating and misappropriation of funds. 
 
A Minister of State for Parliamentary Affairs in the P.V. Narasimha Rao-led Congress government (1991-96), Sinh's estranged wife Manoranjana is among the accused and was arrested by the CBI in October 2015.