The Enforcement Directorate (ED) on Friday said it has seized a company owned by former Union finance minister and Congress leader P Chidambaram’s wife Nalini Chidambaram, former CPI(M) MLA Debendranath Biswas and former Assam minister late Anjan Dutta in the Saradha money laundering case. Properties worth more than six crore rupees of the “beneficiaries” have been attached.
read this also
The federal agency said in a statement that a provisional order for attachment of movable assets worth Rs 3.30 crore and immovable assets worth Rs 3 crore has been issued under the Prevention of Money Laundering Act (PMLA).
These properties were owned by the Saradha group and others, who were the beneficiaries of the ‘proceeds of crime’ generated by the group.
It said the ‘beneficiaries’ included Anubhuti Printer & Printer owned by Nalini Chidambaram, Debabrata Sarkar (East Bengal Club official), Debendranath Biswas (former IPS officer and former CPI(M) MLA) and former Assam cabinet minister and former state Congress president Dutta. Publications included.
The money laundering case pertains to an alleged chit fund scam by the Saradha group in West Bengal, Assam and Odisha till 2013. The ED said, “The total amount of money raised by this group company is about Rs 2,459 crore, of which depositors are owed about Rs 1,983 crore so far, excluding interest amount.” The Enforcement Directorate has so far attached assets worth Rs 600 crore in this case.
Read this also –
— Markets are ‘well regulated’: Finance Minister Nirmala Sitharaman on Adani share crash
Like Joshimath, cracks started appearing in the houses in this village of Jammu and Kashmir, the administration sent a team
(This news has not been edited by NewsBust team. It is published directly from syndicate feed.)
Featured Video Of The Day
Sania Mirza said- “It was a difficult day, even today I feel like crying remembering that day”