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Enforcement Directorate Attaches Rs 598 Crore Properties in Agra Money Laundering Case

Indian Community Editorial TeamBy Indian Community Editorial TeamFebruary 25, 20261 Min ReadNo Comments Add us to Google Preferred Sources
Enforcement Directorate Attaches Rs 598 Crore Properties in Agra Money Laundering Case
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The Enforcement Directorate has provisionally attached immovable properties worth over Rs 598 crore in Agra, Uttar Pradesh, under the Prevention of Money Laundering Act, 2002. This action is linked to a case involving M/S Ansal Properties and Infrastructure Ltd. The ED’s investigation stemmed from an FIR filed by the CBI’s Anti-Corruption Branch in New Delhi on January 23, 2019.

The FIR, filed under sections 120-B and 420 of the Indian Penal Code and sections 13(2) read with 13(1)(d) of the Prevention of Corruption Act, 1988, targeted public servants and private builders, including Ansal Properties and Infrastructure Ltd. The case pertains to alleged irregularities in the acquisition and de-notification of land in Gurugram, Haryana, involving sectors 58 to 63 and 65 to 67.

According to the ED’s inquiry under the PMLA, Ansal Properties engaged in collaboration agreements and obtained a General Power of Attorney from individual landowners for land already under acquisition notification. These agreements exhibited significant lapses, such as the absence of consideration before the section 4 notification and subsequent modifications. The ED’s actions aim to prevent the proceeds of crime from circumventing legal processes and uphold accountability.

Agra Ansal Properties and Infrastructure Ltd CBI Central Bureau of Investigation Enforcement Directorate Gurugram Haryana Indian Penal Code PMLA Prevention of Corruption Act Prevention of Money Laundering Act Uttar Pradesh
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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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