The Enforcement Directorate (ED), Bhopal Zonal Office, has provisionally attached two residential flats and 22 movable properties, including fixed deposits and bank balances, totaling around Rs 1.58 crore. These assets belong to the late Ved Prakash Shrivastava, former Divisional Engineer of Western Railways, Rajkot Division in Gujarat, and his wife Vibha Shrivastava.
The attachment, carried out on February 5, 2026, was done under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, as per an ED press release. The investigation was initiated by the ED based on an FIR filed by the Central Bureau of Investigation (CBI), Anti-Corruption Branch, Jabalpur, against the late Ved Prakash Shrivastava and his wife for allegedly acquiring disproportionate assets through misuse of his official position.
Following a charge sheet/final report filed by the CBI before the Special Court for CBI cases, Jabalpur, the total proceeds of crime in the case have been assessed at approximately Rs 1.66 crore. The ED probe revealed that unaccounted cash from corrupt activities was used for day-to-day expenses outside the banking system, with some proceeds deposited into family members’ bank accounts and converted into fixed deposits and investments for acquiring properties.
The attachment covers assets allegedly acquired through layering and diffusion of the money trail, aiming to prevent further dissipation of the alleged proceeds of crime. This action follows confirmation of the money laundering angle linked to the predicate offence established by the CBI.
