New Delhi, Oct 29 (UNI) Directorate of Enforcement (ED) on Thursday said that it has attached immovable and movable properties worth around Rs 1.8 crore of a Surat based textile trader Bilal Haroon Galani under the provisions of Prevention of Money Laundering Act, 2002 (PMLA) in a bogus import case involving RA Distributors Pvt Ltd, Afroz Fatta and others.
The attached immovable properties includes a flat Rs 1.74 crore in Klassic Tower at Dr A Nair Road in Mumbai, five shops covering 1288 Sq. feet carpet area in Annapurna Textile Market building in Surat and another flat at Royal Heritage building in the town whereas Rs 5.85 lakhs in HDFC Bank account was also seized.
ED move was initiated on the complaint received by the Surat Crime Branch from ICICI bank against the above said firm and others alleging that the companies had prepared fake bills of entry and presented the same before ICICI Bank for illegal outward remittances.