Enforcement Directorate (ED) on Tuesday attached properties worth Rs 12 Crore belonging to Ujjal Kumar Das and his family members of Kolkata, in connection with a bank fraud case, under the provisions of Prevention of Money Laundry ACT (PMLA).
The said properties include both movable and immovable assets.
The case is a follow-up of the CBI case of bank frauds under sections 1208, 476, 420, 467,468 and 471 of the Indian Penal Code (IPC).
The case pertains to various acts of fraudulence committed by Das including forgery of documents and criminal conspiracy.
Das had opened a company in the name of M/s. Vintex Vinimay Pvt. Ltd. and applied for a cash credit facility worth Rs. 10 crores by submitting fake and fabricated documents pertaining to ROC record, Income Tax returns, audited balance sheet, bank account statement, lease deed, sale deed, mutation certificate, parcha and tax receipt pertaining to the landed property offered for mortgage during processing of loan.
Das is also accused of submitting a fake copy of the statement of account held at the Gariahat Branch of Allahabad Bank in Kolkata, under the name of M/s. Vintex Vinimay Pvt. Ltd. to convince the bank into believing that regular transaction is taking place in its current account.
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Das is also involved in a criminal conspiracy, and of cheating the IDBI bank of Rs 12,06,44,7811 on the basis of false and fabricated property and other financial documents.
The said properties are of Bardhaman District, P.S. Galsi under Parlj Gram Panchayat, Mouza, Paraj, West Bengal, while bank accounts are in the form of term deposits and savings bank accounts in various banks. Other valuables include gold and silver ornaments valued at Rs.2.75 Crores.
Das is engaged in various enterprises including hotels, rice mills etc.
Further investigation is in progress.