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ED traces Rs 33-crore worth assets of MP's ex-transport dept official, associates
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....D traces Rs 33-crore worth assets of MP's ex-transport dept official, associates <br>PTI News<br>Dated:- 30-12-2024<br>PTI<BR>New Delhi, Dec 30 (PTI) The Enforcement Directorate Monday said it has found documents related to assets worth about Rs 33 crore after it conducted searches against a former Madhya Pradesh transport department official and his associates as part of a money laundering probe ....
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....linked to a disproportionate assets case. About eight premises in state capital Bhopal, Gwalior and Jabalpur were raided by the federal probe agency on December 27 in the case against Saurabh Sharma, a former constable of the state transport department, his "associate" Chetan Singh Gaur and some others including Sharad Jaiswal and Rohit Tiwari. The ED said in a statement that these persons wer....
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....e the "suspected beneficiary of the proceeds of crime or have allegedly abetted in the laundering of the same". The money laundering case stems from an FIR of Lokayukta police of the MP government against Sharma where it is alleged that he amassed "disproportionate assets worth crores of rupees in the name of his family members and associated firms and companies". The federal agency said detai....
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....ls of bank accounts and properties were identified during the searches and an analysis found that Sharma had "bought a number of properties in the name of his family members, friends and companies in which his close associates were directors". Movable assets (fixed deposits) of more than Rs 6 crore were identified in the name of Chetan Singh Gaur and bank deposits of more than Rs 4 crore were fo....
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....und in the name of family members and companies of Sharma, it said. Some documents related to immovable properties worth more than Rs 23 crore in the name of various companies and family members of Sharma were found along with other "incriminating" documents, the ED claimed. These assets were allegedly purchased and acquired by Sharma from "illegal" money obtained through "corrupt" practices w....
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....hile he was working as a constable in the state transport department, the agency said. The Income Tax Department had seized gold bars of 52 kgs and cash of Rs 11 from the vehicle of Chetan Singh Gaur sometime back. According to the Lokayukta, Sharma got appointed as a constable in the Madhya Pradesh transport department on compassionate grounds in 2015 and he took voluntary retirement from ser....
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....vice in 2023. His father, a government doctor, died in 2015, as per the Lokayukta. PTI NES KVK KVK<BR> News - Press release - PIB....