NEW DELHI: The Enforcement Directorate (ED) has attached an amount of Rs 14.69 crore in a case relating to Pune-based Worldwide Oilfields Machine Pvt Ltd for allegedly being involved in post-demonetisation frauds.
The CBI, Pune had registered an FIR against the accused Worldwide Oilfields Machine Pvt Ltd, Sudhir Puranik, Director, Mangesh Annachhatre, CFO and Satyen Gathani of Ishanya Motors Pvt Ltd. based on the report of Income Tax (Investigation), Pune wherein it was alleged that Worldwide Oilfields Machine Pvt Ltd had amassed huge new high denomination currency notes through various persons. Accordingly, investigation under the provisions of PMLA, 2002 was initiated against Worldwide Oilfields Machine Pvt Ltd, and others by the ED based on the CBI FIR.
Puranik and Annachhatre got the Demonetized currency converted through Gathani and Bharat Shah and their associates who converted the same after charging hefty commission, the ED said in a statement here.
“The said proceeds of crime amounting to Rs.14.69 Crores have now been provisionally attached under PMLA on 20.03.2017,” added the ED statement.