The agency has also requested the court to order confiscation of attached assets worth ₹2.04 crore of accused Dibesh Kumar Chaudhary and others under the Prevention of Money Laundering Act (PMLA). AdvertisingAdvertisingHowever, the company did not supply the rice. The ED found that movable and immovable properties were acquired by the accused in his name and that of his family members. “Accordingly, a provisional attachment order was issued attaching properties amounting to ₹2.04 crore on April 15, 2019. The accused was arrested on June 29 this year and is currently in judicial custody,” said an ED official.

Source: The Hindu August 26, 2020 12:22 UTC