₹10 lakh attached in PMLA case

June 07, 2017 10:25 pm | Updated 10:25 pm IST - NEW DELHI

The Enforcement Directorate on Wednesday provisionally attached ₹10 lakh in a money laundering case against Pradeep Sharma, former 1984-batch IAS official of Gujarat cadre.

The agency has so far attached assets worth over ₹1 crore in the case under the Prevention of Money Laundering Act (PMLA).

The probe has been launched on the basis of various FIRs and charge sheets filed by the Gujarat police against Mr. Sharma and others.

As Chairman of District Land Pricing Committee, Bhuj, the accused had in 2004 sanctioned a land parcel at lesser rate to Welspun India and its sister concerns, allegedly causing a loss of ₹1.20 crore to the exchequer. Apart from attaching assets, the ED has filed a charge sheet in the case last year.

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