New Delhi. On Tuesday, the Enforcement Directorate took major action against Amit Katyal, close to former Bihar Chief Minister Lalu Prasad Yadav, and seized his assets worth more than Rs 56 crore. This action has been taken under the Prevention of Money Laundering Act, 2002 (PMLA). ED said that many of the seized properties are located in Delhi and Gurgaon.
Who is Amit Katyal?
Amit Katyal is a Chartered Accountant (CA) by profession. He is accused of embezzling the money of plot buyers and illegally diverting that money. ED has registered a case of money laundering against Katyal through M/s Krish Realtech Pvt. Ltd. Four days earlier, on October 18, the ED had raided two of his premises, recovering Rs 35 lakh in cash and some incriminating documents.
#Patna_Breaking
ED has confiscated the property of Lalu’s close aide Amit Katyal.
Amit Katyal’s assets worth more than Rs 56 crore have been confiscated by the agency.
Many of these properties are in Gurgaon and Delhi.#PMLA This entire action has been taken under the Act.
to Amit Katyal #ED She has been arrested before also. https://t.co/M1yMaWAfi8 pic.twitter.com/ira7jyf8Fo— Chandan Chaurasiya (@pressmanchandan) October 22, 2024
Brother Rajesh Katyal also arrested
During this action of ED, Amit Katyal’s brother Rajesh Katyal has also been arrested. He was detained on October 19 and is currently on seven-day ED remand. ED says the Katyal family and their associates cheated many investors in the name of real estate and illegally sent crores of rupees abroad.
Connection to land for job scam
ED has claimed that Amit Katyal is the director of AK Infosystem Pvt Ltd, which was also involved in Lalu Prasad Yadav’s Land for Job scam. It is alleged that Katyal had purchased land from job aspirants. This scam came into limelight when Lalu Yadav was the Railway Minister. ED has also taken action against Lalu family in this case and has filed a 1000-page charge sheet in this regard.
ED, Gurugram Zonal Office has provisionally attached properties of M/s Krrish Realtech Pvt. Ltd., Amit Katyal and others on 17.10.2024 worth Rs. 56.86 Crore under the provisions of PMLA, 2002 in the case of Amit Katyal, M/s Krrish Realtech Pvt. Ltd. Further, ED has conducted…
— ED (@dir_ed) October 22, 2024
Lalu family’s problems may increase
After this big action of ED, it is being said that the troubles of Lalu Prasad Yadav and his family may increase. Many people including Lalu Yadav and his son Tejashwi Yadav are already accused in the Land for Job case and are currently on bail.
