new Delhi. The Enforcement Directorate (ED) on Wednesday said they have attached immovable properties worth Rs 31.15 crore of Pushpanjali Realms and Infratech Ltd and its director Rajpal Walia’s wife in a money laundering case related to duping innocent flat buyers after taking advance payment. . The ED has booked innocent flat buyers by Rajpur Police Station, Dehradun against Pushpanjali Realms & Infratech Ltd., its directors and others under various sections of the IPC for defrauding innocent flat buyers in connection with the company’s construction projects for booking of flats. On the basis of the FIR lodged against him, money laundering investigation was initiated.
The ED found in its probe that the advance booking amount received from flat buyers was diverted for other purposes by the directors of the company, who had invested it in the purchase of properties in their own name and in the name of their family members.
The ED official said, “The total amount involved was Rs 31.15 crore, which is proceeds of crime. Accordingly, immovable property worth Rs 31.15 crore in the form of land belonging to the company and a residential house and a flat belonging to director Rajpal Walia, (who was transferred to his wife) attached as per the provisions of PMLA.
—AnyTV News
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