The Enforcement Directorate (ED) on Monday has attached two more properties of IAS officer Pradip Sharma, who is currently jail in connection with a money laundering case. ED Officials on Monday said they have attached the Gandhinagar house of Sharma and a piece of land in Dehgam taluka of Gandhinagar district.
While the house in Sector 1, Gandhinagar, is worth around Rs 72.82 lakh, the value of the 4,856 sqm plot is estimated to be Rs 21.85 lakh, the ED said in a release. So far, the directorate has attached properties worth Rs 1.22 crore of Sharma.
Earlier in 2014, Sharma’s properties worth Rs 28 lakh were attached in connection with the same case. Sharma was arrested by ED officials on July 31 this year and he is currently in judicial custody. The ED lodged the case against Sharma under the Prevention of Money Laundering Act, 2002, alleging that as district collector Bhuj he abused power and allotted land to private firm Welspun at a lower rate, causing loss to the exchequer.
The release stated that Sharma allegedly transferred huge amounts outside the country “which are to be the Proceeds of Crime received/collected by him against his acts of omission and commission of the offences specified as schedule offences, any property of the equivalent value held by him within the country is liable to be considered as ‘Proceeds of Crime’ and consequently liable to be attached in terms of Section 5 (1) of the PMLA, 2002. Therefore the following properties are attached vide PAO No. 01/2016 dated26.09.2016”.
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