India's Enforcement Directorate has filed its first charge sheet detailing the roles of the directors and others in the alleged illegal payment default crisis in Infrastructure Leasing & Financial Services Ltd., the Press Trust of India reported Aug. 17.

The charge sheet, which has attached assets worth 5.7 billion rupees, was filed before a special court in Mumbai on Aug. 16.

The government had taken over IL&FS in October 2018 after its group companies defaulted on a number of loan obligations to avoid causing systemic pressure on the financial market. Former directors at unit IL&FS Financial Services Ltd. were accused of facilitating money laundering and generating losses for the company.