STOCK MARKET BSE NSE

ED attaches assets of ex-forest officer

In January 2020, Vigilance officers had conducted simultaneous searches at Pradhan’s property over allegations of amassing disproportionate assets.

Published: 14th April 2022 06:17 AM  |   Last Updated: 14th April 2022 06:17 AM   |  A+A-

Enforcement Directorate

Enforcement Directorate (File Photo | PTI)

By Express News Service

BHUBANESWAR :  The Enforcement Directorate (ED) has provisionally attached assets worth `2.04 crore under Prevention of Money Laundering Act (PMLA) in connection with a disproportionate assets case registered against Maheswar Pradhan, ex-divisional manager of Odisha Forest Development Corporation limited, Angul. 

In January 2020, Vigilance officers had conducted simultaneous searches at Pradhan’s property over allegations of amassing disproportionate assets. Searches were conducted at Pradhan’s flat at Patia area, two-storey building in Jagamara here, two-storey building under Pipili police limits, IOCL fuel station at Pallahara, single-storey building at Kansar and his office chamber in Angul. 

Pradhan and his family members were found in possession of assets amounting to over Rs 2.65 crore, including over Rs 1.26 crore deposits in different banks, post offices and financial institutions. In a related development, ED has provisionally attached assets worth Rs 1.67 crore under PMLA in connection with a  disproportionate assets case registered against Rabi Narayan Rath, senior travelling inspector (accounts) of East Coast Railway in Bhubaneswar.

The Central Bureau of Investigation (CBI) had conducted raids at the house of Rath in City’s Kolathia area in February last year for allegedly accumulating disproportionate assets to the tune of over Rs 1.19 crore.
CBI officers had received information that Rath had amassed movable and immovable assets by illegal means between April 1, 2006 and November 30, 2020.



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