Lagatar24 Desk
Ranchi, July 30: The Enforcement Directorate on Saturday said that assets worth more than Rs 2.39 crore of a former GM (finance) of the Hindustan Aeronautics Ltd (HAL) and five others have been attached under the anti-money laundering in a probe linked to alleged funds fraud at the state-run aerospace major of the country.
According to the provisions of the Prevention of Money Laundering Act, a provisional order has been issued for attaching the movable and immovable property of Bhaben Maitra, who served as the general manager (finance) of HAL, Bipra Charana Maharana, Sadananda Nayak, Jisudan Khosla, Jayaram Garada Jagannath Apat, and late Urdhaba Khosla, the central agency said in a statement. It stated that these assets are worth a total of Rs 2,39,38,681.
After taking cognizance of six FIRs filed against them by the CBI’s anti-corruption branch (ACB) in Bhubaneswar, which said that they “embezzled an amount of Rs 18.75 crore of HAL by forging documents between 2013-18,” the ED booked the accused.
The agency alleged Maitra and others “acquired monetary proceeds through commission of crimes and indulged in criminal activities, generated proceeds of crime, concealed it and acquired various assets to hide their source and projected them as untainted.”