New Delhi, April 12 (IANS) In fresh trouble for Congress party-controlled Associated Journals Limited (AJL), the Enforcement Directorate served notices to registrars of property in Delhi, Mumbai and Lucknow to take possession of attached properties worth Rs 661 crore, an official said on Saturday.
These properties were attached after the investigation revealed signification generation, possession and use of proceeds of crime to the tune of Rs 988 crore.
In Delhi, notices were pasted on the wall of AJL property-5 (A), Bahadur Shah Zafar Marg in Central Delhi, which is home to media houses and newspaper offices.
The notices were served on Friday in compliance with Section 8 of PMLA, 2002 and Rule 5(1) of the Prevention of Money Laundering (Taking Possession of Attached or Frozen Properties Confirmed by the Adjudicating Authority) Rules, 2013.
In Mumbai, a notice was also served on Jindal South West Projects Limited, which is occupying the 7th, 8th, and 9th floors at Herald House, Bandra (East).
Jindal South West Projects was directed to transfer the rent/lease amount every month in favour of the Director, Directorate of Enforcement.
In Lucknow, notices were pasted on property number 1, Bisheshwar Nath Road.
Earlier, the ED conducted searches and seizures at multiple locations, uncovering incriminating documents linked to the alleged money laundering activities.
Investigation revealed that Young Indian, a private company beneficially owned by Congress leaders Sonia Gandhi and Rahul Gandhi, acquired AJL properties worth Rs 2,000 crore for a mere Rs 50 lakh, significantly undervaluing its worth.
The ED probe also indicated that Young Indian and AJL properties were used for the generation of further proceeds of crime in the form of bogus donations to the tune of Rs 18 crore, bogus advance rent to the tune of Rs 38 crore and bogus advertisements of Rs 29 crore.
The investigation by ED commenced in 2021, based on a cognizance order issued on June 26, 2014, by the Metropolitan Magistrate Patiala House Courts in New Delhi, based on a private complaint filed by Subramanian Swamy.
The complaint highlighted a criminal conspiracy by several prominent political figures, including Sonia Gandhi, Rahul Gandhi, late Motilal Vohra, late Oscar Fernandes, Suman Dubey, Sam Pitroda and Young Indian for alleged involvement in a money laundering case.
The legal proceedings against the accused have faced challenges but have been upheld by both the Delhi High Court and the Supreme Court of India, allowing the investigation to proceed, said an ED statement.
–IANS
rch/uk
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
