ED attached assets worth over Rs 27 crore of former IAS officer – ED attached assets worth over Rs 27 crore to former IAS officer


The attached assets are worth Rs 27.86 crore.

new Delhi:

Former Chhattisgarh IAS officer Babulal Agrawal has attached assets worth more than Rs 27 crore by the Enforcement Directorate (ED). The ED gave this information on Saturday. The Enforcement Directorate is investigating Agarwal, his family members and others in connection with the alleged corruption and money laundering case involving more assets than a known source of income. “The attached assets include plant and machinery, deposits in bank accounts of Babulal Agarwal and his family members and immovable properties,” he said in a statement.

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He told that the attached assets are worth Rs 27.86 crore. Agarwal, a 1988 batch Indian Administrative Service officer, was arrested by the ED on November 9 from his residence in Raipur, the capital of Chhattisgarh. He is in judicial custody till December 5.

Aggarwal has served as the Principal Secretary in the Government of Chhattisgarh. He has also been arrested by the Central Bureau of Investigation (CBI) on charges of corruption. The state government suspended him after Agarwal was arrested by the CBI. It is alleged that when Agarwal was the Health Secretary in the state government, he wanted to carry out the ongoing CBI investigation against him, which was registered in 2010.


When the ED arrested him earlier this month, he had said that action was taken against him for money laundering through masks and using it in his family business. The ED had said that a criminal case against Aggarwal, his chartered accountant Sunil Aggarwal and others was registered after studying the 2010 FIR of the Chhattisgarh Anti-Corruption Bureau and the CBI.

Among the assets that have been tentatively attached are plant and machinery worth Rs 26.16 crore, funds worth Rs 20.43 lakh deposited in 291 bank accounts, residential plots worth Rs 39.52 lakh in the name of a company, Express Mining Pvt Ltd, which owns Babulal Agarwal’s family, and Rs 15 lakh in cash.

(This news has not been edited by the NewsBust team. It is published directly from the Syndicate feed.)


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