New Delhi, Feb 10 (UNI) Enforcement Directorate(ED)on Wednesday said that it has issued a Provisional Attachment Order attaching movable and immovable properties worth Rs 128.86 crores in the case of Micro Finance Ltd and others under the provisions of the Prevention of Money Laundering Act, 2002.
The probe agency had initiated the investigation on the basis of an FIR registered by the Kolkata CBI against Micro Finance Ltd and others in pursuance of an order of the Supreme Court wherein the apex Court has directed inter alia that the investigation of chit fund cases registered in different police stations in the Odisha be transferred from the State Police to the Central Bureau of Investigation (CBI).
The Micro Finance Limited was one among the 44 cases stated in the Order of the Supreme Court of India and subsequently charge-sheet in the case was filed by CBI in Bhubaneswar.
“Investigation conducted so far revealed that huge amount of proceeds of crime have been laundered in this case and accordingly, a Provisional Attachment order was issued, attaching immovable and movable properties worth Rs 128.86 crores belonging to Micro Group of companies and others including Kamat Hotels (India) Ltd, and former director of Ayush Hospital & Trauma Care Pvt Ltd at Bhubaneswar Prasanta Kumar Acharya”, the officials said.
Earlier, in 2019, the agency had issued Provisional Attachment order attaching movable properties in the form of bank balances worth Rs 88.99 crores, the ED said, adding that further investigation is under progress.
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