ED seizes assets worth Rs 11.35 cr of OPHWC's former deputy manager


New Delhi, Jun 1 (IANS): The ED on Thursday said that they have attached movable as well as immovable assets valued at Rs 11.35 crore belonging to Odisha Police Housing & Welfare Corporation's (OPHWC) former deputy manager Pratap Kumar Samal, his wife Sasmita Samal and their son Pritam Kumar Samal in a case of disproportionate assets.

The ED initiated investigation under PMLA, on the basis of an FIR registered by Vigilance Police Station, Bhubaneswar under various sections of the Prevention of Corruption Act, against Pratap and his wife Sasmita for accumulating disproportionate assets to the tune of Rs 14.88 crore.

"Investigation under PMLA revealed that Pratap acquired properties by way of corruption and acquired assets in the name of his family members, concealed and possessed it so as to hide its original source and accordingly committed offence of money laundering. The said proceeds of crime have been provisionally attached under the provisions of PMLA," said an official.

Further investigation in the matter is on.

 

  

Top Stories


Leave a Comment

Title: ED seizes assets worth Rs 11.35 cr of OPHWC's former deputy manager



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.