Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>ED Alleges HCA Officials Inflated Contract Prices; Properties Worth Rs 51.29 Lakh Attached Under PMLA Section.</h1> The Enforcement Directorate (ED) has alleged that officials of the Hyderabad Cricket Association (HCA) awarded contracts at inflated prices for cricket balls, chairs, and gym equipment for the Rajiv Gandhi International Cricket Stadium. The ED issued a provisional order to attach properties worth Rs 51.29 lakh under the Prevention of Money Laundering Act. The investigation revealed that companies Sara Sports, Excellent Enterprises, and Body Drench India Pvt Ltd transferred illicit gains to a former HCA Vice President and Treasurer and his family. The case is linked to alleged misappropriation of Rs 20 crore, with former HCA president denying the allegations.