New Delhi: The Enforcement Directorate (ED) on Tuesday said that it has provisionally attached assets worth Rs 1.39 crore of Indore Municipal Corporation employee Mohd Aslam Khan and others in a money laundering case.
The central financial probe agency initiated Money laundering investigation on the basis of various FIRs registered by the Special Police Establishment, Lokayukta, Indore against Mohd Aslam Khan for amassing disproportionate assets.
Investigation revealed that Khan earned ‘Proceeds of Crime’ in the form of tainted money by corruption, while working in Indore Municipal Corporation.
“Mohd Aslam Khan parked ill-gotten either by directly utilizing it or by routing cash into their controlled bank accounts through interconnected transactions finally culminating into acquisition of movable and immovable properties purchased in his name and in the name of his wife”, the ED said in a statement today.
The ill-gotten money was systematically invested in gold, vehicle, agricultural land, plots and commercial properties located in Indore and adjoining districts of Madhya Pradesh, the officials in ED said, adding that further investigation is under progress.(UNI)