The Enforcement Directorate (ED) on Friday attached property of a former Executive Engineer, Alok Kumar Agrawal, who was in-charge of Chhattisgarh' Kharang Water Resources Department under Prevention of Money Laundering Act (PMLA), 2002.
Total property of worth Rs. 15 Crores have been attached by the ED which was disproportionate to Agrawal's known source of income.
A case was registered against Agrawal, earlier in 2014 by Raipur's Economic Offences Wing (EOW) in connection of his involvement in criminal misconduct as envisaged under Section 13 (2) r/w 13(1) (e) of the Prevention of Corruption Act, 1988. Searches were conducted at his and his sub-ordinates residence at Bilaspur.
During the search operation Rs. 7,60,64,530 cash and benami property worth Rs. 2,44,00,000 was came to seized, which was in possession of Agrawal family members and friend Abhish Swami.
The detailed investigations revealed that Agrawal was engaged in money laundering by way of investing his ill-gotten money in the names of his family members and friends.
His wife Alka Agrawal, his brother Pawan Kumar Agrawal and his friend Abhish Swami were also indulge in money laundering cases and used to invest their money through their benami firms namely M/s Mahamaya Developers & Builders and M/s Shri Sagareshwar Construction.
Agrawal also used to invest his money in the firm M/s Quality Copiers owned and operated by her wife.
Besides this, Agrawal had invested around Rs. 4 Lakhs in shares, Term Deposits and mutual funds and had jewelries worth Rs. 83 Lakhs.
He also had immoveable properties worth Rs. 2 Crores in the name of his relatives which includes many plots measuring 20 acres and residential flat.
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