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

The Watchers: Manoj Night Shyamalan's daughter created a new horror world of Hollywood, the film is going to be released on this day

The teaser of the film 'The Watchers' has been released today. This is a horror film, written and

Beginning of Sankalp Week: PM Modi said that - the Aspirational District Program changed the lives of 25 crore people in 112 districts.

Prime Minister Narendra Modi launched 'Sankalp Saptah' for aspirational blocks in the country at

Maharashtra Politics: 'Shocking events in the future...', CM Fadnavis taunts Maharashtra's political upheaval; MVA cornered

Maharashtra Chief Minister Devendra Fadnavis and his deputy chief ministers Ajit Pawar and Eknath

These are the 5 most expensive phones launched in 2022, the price of the phone is in lakhs!

Smartphones are the fastest-growing segment of electronics. Mobile companies launch new and upgra

Rekha Gupta Security: CRPF called back from Delhi CM's security, responsibility will remain with Delhi Police

The central government has withdrawn the Z category CRPF security given to Delhi Chief Minister R

Mumbai: 'The woman had committed suicide on June 3 itself; Conspiracy hatched to hide the dead body to escape, claims the accused

First the Shraddha Walker murder case in Delhi and now the Saraswati Vaidya murder case in Mahara

Yograj on Dhoni: 'Dhoni should look at himself in the mirror, I will never forgive him', Yuvraj's father Yograj is furious again

Former Team India cricketer Yuvraj Singh's father Yograj Singh has once again lashed out at MS Dh

Manmohan Singh: Goodbye Manmohan Singh! A phone call that changed the country and the life of the former PM; the story is from 1991

Former Prime Minister of the country Manmohan Singh died on the night of 26 December at around 10

China-Taiwan Conflict: 71 Chinese fighter jets did 'strike drill' in Taiwan border, also warned US

China is not taking the name of desisting from its antics. After India, now he has tried to infil

Weather Updates: Fog wreaks havoc in North India, flight and train services affected; Meteorological Department issued an alert

A severe cold has knocked in North India. Because of this, the Meteorological Department has issu