Sunday, November 29, 2020

ED attaches ex-IAS officer’s property worth ₹27.8 crore

ED attaches ex-IAS officer’s property worth ₹27.8 crore

TIMES NEWS NETWORK

New Delhi/Raipur:29.11.2020

The Enforcement Directorate (ED) has provisionally attached properties worth ₹27.86 crore of former IAS officer Babu Lal Agarwal under Prevention of Money Laundering Act 2002 (PMLA) in cases related to criminal misconduct and cheating by a public servant.

The attached assets include plant and machinery, bank accounts and immovable properties of the former bureaucrat and his family members, say officers.

Agrawal, a 1988-batch IAS officer, was arrested by the agency from his home in Raipur on November 9 and is in judicial custody till December 5. After his arrest, he had alleged before mediapersons that ED’s proceedings were spurred by vested interests.

Officials said that ED initiated investigations under PMLA on the basis of an FIR registered by anti-corruption bureau under Prevention of Corruption Act, 1988 (PCA), about disproportionate assets allegedly amassed by Agrawal and his family members. The income-tax department conducted searches on him, his family members and his CA Sunil Agrawal in February 2010.

Three more FIRs were registered under IPC and PCA followed by chargesheets by CBI against Agrawal and others.

Full report on www.toi.in

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