New Delhi, Dec 2: Enforcement Directorate (ED) has provisionally attached immovable and movable properties worth Rs 4.49 crore belonging to accused Deep Ram Thakur and his associates under Prevention of Money Laundering Act (PMLA) in a drug related money laundering case.
The attached properties include six plots of land situated in Shimla and Solan, two houses along with land and one flat situated in Shimla, one BMW car and bank balances worth Rs 36.29 lakhs in six accounts.
Investigation under the provisions of PMLA, was taken up by the federal financial probing agency on the basis of FIR registered by the Himachal Pradesh Police at Shimla Police Station under NDPS Act against Deep Ram and others.
ED’s investigation also revealed that accused Deep Ram Thakur was engaged in illegal drug business and was also into construction business.
“A part of the proceeds of crime derived from illegal drug business was used indirectly by way of infusing it into his construction business and then routing it through banking channel to create assets”, the probe agency said.
In addition to this, the majority of the proceeds of crime derived from illegal drug business was used directly to create assets and Benami property in the name of his relatives.
The probing agency also conducted searches on various premises of the accused persons on November 19 and seized certain documents and material, the ED said.(UNI)