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Home » News » National
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Enforcement Directorate attaches properties worth Rs 3.48 crore in Indore Municipal Corporation fake bill scam

Indian Community Editorial TeamBy Indian Community Editorial TeamJuly 25, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Enforcement Directorate attaches properties worth Rs 3.48 crore in Indore Municipal Corporation fake bill scam
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The Enforcement Directorate has provisionally attached nine properties valued at Rs 3.48 crore in connection with the Indore Municipal Corporation fake bill scam. These assets include residential houses, flats, plots, shops, and agricultural land in Indore and Dhar districts of Madhya Pradesh. The investigation, initiated based on FIRs at Police Station MG Road, Indore, uncovered fraudulent withdrawal of public funds through fake bills and forged records.

The probe revealed that contractor firms, in collusion with IMC officials, processed forged work orders and bills, leading to the siphoning off of Rs 103.62 crore from the IMC treasury. The illegally obtained money was used for personal expenses, asset acquisition, and distributed among contractors and public servants. Earlier, the ED had attached 43 properties worth Rs 33.65 crore, bringing the total value of attached properties to Rs 37.14 crore.

In addition to property attachments, searches at premises linked to the accused resulted in the seizure of assets worth around Rs 22.04 crore. The combined value of attachments and seizures in the case now amounts to Rs 59.18 crore. Three accused individuals, Abhay Singh Rathore, Mohd. Zakir, and Rahul Badera, were arrested under the Prevention of Money Laundering Act and remain in judicial custody. Investigations are ongoing.

Abhay Singh Rathore Asset Acquisition Contractor Firms Enforcement Directorate IMC treasury Indore Municipal Corporation Madhya Pradesh Mohd. Zakir Prevention of Money Laundering Act Public Funds Rahul Badera
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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