New Delhi, Feb 10 (UNI) Enforcement Directorate(ED)on Wednesday stated that it has issued a Provisional Attachment Order attaching movable and immovable properties value Rs 128.86 crores within the case of Micro Finance Ltd and others underneath the provisions of the Prevention of Cash Laundering Act, 2002.
The probe company had initiated the investigation on the idea of an FIR registered by the Kolkata CBI in opposition to Micro Finance Ltd and others in pursuance of an order of the Supreme Court docket whereby the apex Court docket has directed inter alia that the investigation of chit fund instances registered in several police stations within the Odisha be transferred from the State Police to the Central Bureau of Investigation (CBI).
The Micro Finance Restricted was one among the many 44 instances said within the Order of the Supreme Court docket of India and subsequently charge-sheet within the case was filed by CBI in Bhubaneswar.
“Investigation carried out to date revealed that massive quantity of proceeds of crime have been laundered on this case and accordingly, a Provisional Attachment order was issued, attaching immovable and movable properties value Rs 128.86 crores belonging to Micro Group of firms and others together with Kamat Resorts (India) Ltd, and former director of Ayush Hospital & Trauma Care Pvt Ltd at Bhubaneswar Prasanta Kumar Acharya”, the officers stated.
Earlier, in 2019, the company had issued Provisional Attachment order attaching movable properties within the type of financial institution balances value Rs 88.99 crores, the ED stated, including that additional investigation is underneath progress.
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