look news india
ED has seized 70 acres of land and a flat in Gurugram, some houses in Mumbai, a farm house in Delhi and a fixed deposit account of Amit Katyal, a close aide of RJD President Lalu Prasad Yadav's family. The total value of these properties is estimated to be Rs 113 crore. ED has taken this action under the Money Laundering Act.
The ED said in a statement that a provisional order was issued on August 6 under PMLA for attachment of assets worth Rs 113.03 crore in the cases of Amit Katyal, Krish Realtech Pvt Ltd and Brahma City Pvt Ltd.
It is worth noting that last year, ED had arrested Katyal in the money laundering case of land for job scam.
The statement said that the properties acquired from Tanuch include 70 acres of land in Sectors 63 and 65 (Nangli Umarpur, Ullawas, Maidawas Village) in Gurugram, five flats in a real estate project called Krish Prant Estate and seven flats in Krish Florence Estate in Gurugram in the name of benami directors and also two flats in a benami company in Mumbai.
The properties seized in Tanch include a big farm house in Jonapur and a commercial property in New Delhi along with fixed deposits worth Rs 27 crore from associates, the statement said.
The agency had conducted raids in this case in March and claimed to have seized documents related to foreign investment worth Rs 200 crore.
The EDA money laundering case relates to an FIR filed by the Gurugram Police and the Economic Offences Wing of the Delhi Police.