ED Registers Money Laundering Case in Maharashtra Dam Project

Central probe agency took cognisance of an FIR filed by the state Anti-Corruption Bureau (ACB) to probe these alleged irregularities earlier this year.

Published: 19th September 2015 01:23 AM  |   Last Updated: 19th September 2015 01:23 AM   |  A+A-

By PTI

MUMBAI: The Enforcement Directorate today registered a money laundering case in connection with the alleged Rs 93 crore financial irregularities in the execution of the Balganga dam project in Maharashtra.

The central probe agency took cognisance of an FIR filed by the state Anti-Corruption Bureau (ACB) to probe these alleged irregularities earlier this year.

The dam project has been executed in the Raigad district of the state on river Balganga.

The case pertains to ACB filing criminal offences against 11 persons, including six officials of Maharashtra irrigation department. "The agency suspects money laundering in the execution of the project and hence it will now probe it under the provisions of the Prevention of Money Laundering Act (PMLA)," sources said.

The ACB, acting on government directives, had conducted an open inquiry into the alleged irregularities in the dam works implemented by Konkan Irrigation Development Corporation (KIDC). The ACB had said it has established irregularities of Rs 92,63,42,110.

"The ED has made all the people accused as named in the ACB first information report," the sources said.

After the irrigation department decided to build a dam on Balganga river at Pen, tenders for the same were called in 2009. It was then shown by KIDC that four contractors had

taken part in the tender process and the project was awarded to F A Enterprises, the ACB had said.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp