ED Action: ED seizes assets of five accused including former GM of HAL, a case of embezzlement of 18.75 crores

Posted on 30th Jul 2022 02:30 pm by rohit kumar

Acting against a former General Manager (Finance) of Hindustan Aeronautics Limited and five others, the Enforcement Directorate has attached assets worth around Rs 2.39 crore. This action on behalf of the investigating agency has been taken during the investigation in the case of money laundering on allegations of money laundering in Hindustan Aeronautics Limited. The ED has given this information on Saturday.

 

It has been told by the ED that Bhaven Maitra, who had held the post of General Manager (Finance) in HAL (Hindustan Aeronautics Limited), Bipra Charan Maharana, Sadanand Nayak, Jisudan Khosla, Jairam Gadda, Jagannath Apart and the late Urdhwa Khosla, were on the run and Provisional order was issued for confiscation of immovable properties, this action was taken under the same order. According to the ED, the total value of the seized properties is Rs 2 crore 39 lakh 38 thousand 681.

 

Let us inform you that the ED had registered a case against the accused after taking cognizance of six FIRs registered by the Anti-Corruption Bureau of CBI in Bhubaneswar in this case. The accused are accused of embezzling HL's amount of Rs 18.75 crore between 2013 and 2018 using forged documents.

 

Property of former Cuttack MLA was also seized

 

The ED has also provisionally attached movable and immovable assets worth Rs 3,92,20,000 of former Cuttack MLA and Pravat Ranjan Biswal of Media Guru Consultants Pvt Ltd under the PMLA Act in the Ponzi scam case. So far, assets worth Rs 261.92 crore have been attached in this case.

 

Also Read: Parth-Arpita will be interrogated today: ED will answer questions by sitting both faces to face, there may be a raid on the penthouse of the former minister

Other news

IPL 2025: Mitchell-Alzari became crorepatis in the last auction, this time no buyer was found; the prices of some players decreased

The mega auction of players for IPL 2025 is over. As expected, this time all the previous records

Mark Zuckerberg: Meta Launches NFT Support in 100 Countries on Instagram

Facebook's parent company Meta CEO Mark Zuckerberg has said that the company is going to introduc

Israel-Hamas War: What is Hamas's game with the help of hostages, Israel's Defense Minister revealed the entire conspiracy

It has been more than three weeks since the conflict between Israel and Hamas. Meanwhile, Hamas h

Amazon Deal: Cheapest 5G phone launched on Amazon, starting at Rs 9,999

Amazon Deal On Smart Phone: If there is a plan to get a good phone at a low price, then the newly

Effects of tampering with nature, landslide incidents are increasing in the Himalayan region due to many reasons

In Uttarakhand and many parts of Himachal Pradesh, there have been reports of debris falling from

Bihar Politics: The Country's first economic survey report based on caste was presented; SC is the poorest and the general category is the least poor.

Today is the second day of the winter session of the Bihar Legislature. As soon as the session st

Ind vs Eng: KL Rahul will not do wicketkeeping in the series against England, two wicketkeepers got a place in the team, and Dhruv Jurel will debut

KL Rahul will not play as wicketkeeper in Ind vs Eng: KL Rahul will not play wicketkeeper in the

Arvind Kejriwal: 'When there was water on TV in jail...', Kejriwal sent a message from Tihar; said this about the Haryana government

Accusing Haryana of not giving Delhi its share of water, Delhi's Water Minister Atishi started an

Why are there layoffs in companies like FB, Apple, and Amazon, is the world in a recession?

Is there a recession in the world? Questions are being raised about how giant companies including

World's Most Happiest Country: India ranked 126th in the Global Happiness Index of 143 countries, and Finland remained on top for the seventh consecutive time.

India ranks 126th among 143 countries in the Global Happiness Index. In this index released on We