Revenue and department of economic affairs English news | Revenue and department of economic affairs, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

New Delhi, March 30 The Enforcement Directorate (ED) on Wednesday said that they have attached assets worth Rs 2.42 crore belonging to Naresh Kumar Sheokand, the former District Revenue Officer (DRO) of Haryana's Panchkula and his alleged associate Shamshad, in connection with a Prevention of Money Laundering case.The ED initiated money laundering investigation against Sheokand and others on the basis of an FIR registered by the State Vigilance Bureau, Haryana and CBI, under various sections of IPC and Prevention of Corruption Act, for criminal conspiracy, cheating, forgery and criminal misconduct of a public servant.The ED learnt in the investigation that Sheokand in connivance with other private persons had fraudulently transferred NHAI and HSIIDC funds for acquisition to the ineligible land owners causing wrongful loss to the exchequer to the tune of Rs 37.89 crore.Investigation further revealed that these funds, which were proceeds of crime, were further routed to different bank accounts, withdrawn in cash and invested in purchase of various properties."Accordingly, the immovable properties in the form of residential flats located at Panchkula and Noida worth Rs 2.42 crore belonging to Sheokand and Shamshad have been attached as per the provisions of PMLA," said the ED official.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Revenue And Department Of Economic AffairsFOLLOW

Revenue and department of economic affairs, Latest News

New Delhi, April 1 The Enforcement Directorate (ED) on Friday approached the Delhi High Court challenging the summons ... ...

New Delhi, April 1 The Enforcement Directorate (ED) on Friday said it has issued a Rs 7,272 crore ... ...

New Delhi, April 1 The Delhi High Court on Friday sought the response of the Enforcement Directorate (ED) ... ...

The Enforcement Directorate (ED) moved the Delhi High Court against the summons issued to its officials by Kolkata Police in connection with an audiotape leak case. ...

Nagpur, March 31 The Enforcement Directorate (ED) early on Thursday raided the homes of well-known lawyer Satish Uke ... ...

New Delhi, March 31 Journalist Rana Ayyub on Thursday moved the Delhi High Court seeking permission to travel ... ...

Nagpur, March 31 The Enforcement Directorate (ED) on Thursday carried out raids at the residence of well-known lawyer ... ...

New Delhi, March 30 The Enforcement Directorate (ED) on Wednesday said that they have attached assets worth Rs ... ...