niharika times
  • National
  • Rajasthan
  • Sports
  • Cinema
  • Business
  • Recipe
No Result
View All Result
  • National
  • Rajasthan
  • Sports
  • Cinema
  • Business
  • Recipe
No Result
View All Result
niharika times
No Result
View All Result
Home India

ED attaches assets worth Rs 5.37 crore in PMLA case

jaswant singhbyjaswant singh
May 12, 2023
Delhi excise policy case: YSR Congress MP's son sent to 10-day ED custody

New Delhi, May 12 (). The Enforcement Directorate (ED) on Thursday said it has attached immovable assets worth Rs 5.37 crore, including agricultural land and buildings, of the Hemkunt Foundation located in Madhya Pradesh’s Khandwa district in a money laundering case.

Contents +
RelatedPosts
US Commerce Secretary Anticipates Trade Negotiations Between India and Trump
Uttar Pradesh Honors 81 Teachers with State Teacher Award on Teachers’ Day

An ED official said that it initiated proceedings under the Prevention of Money Laundering Act (PMLA) against the Hemkunt Foundation on the basis of an FIR lodged by the Special Cell of the Delhi Police.

Delhi Police claimed that Hemkunt Foundation collected crores of rupees from individuals and corporates in the name of Covid relief and oxygen supply during the peak of the second wave of Covid-19. However, according to the Delhi Police, the money received as donation was embezzled, and used for activities for personal gain.

The investigation carried out by the ED under the provisions of the PMLA has revealed that Hemkunt Foundation collected a huge donation of Rs 77.10 crore.

Hemkunt Foundation diverted most of the money thus collected towards foundation assets, such as FD (Rs 17.32 crore), purchase of land in Gurugram (Rs 43 crore) and land purchase and construction activities in Madhya Pradesh, the statement said. Expenditure (Rs 5.37 cr).

RelatedPosts

US Commerce Secretary Anticipates Trade Negotiations Between India and Trump

US Commerce Secretary Anticipates Trade Negotiations Between India and Trump

Uttar Pradesh Honors 81 Teachers with State Teacher Award on Teachers' Day

Uttar Pradesh Honors 81 Teachers with State Teacher Award on Teachers’ Day

The ED had earlier attached the said land worth Rs 43 crore and seized fixed deposits worth Rs 17.32 crore during the probe, an official said.

The total attachment value so far has reached Rs 65.69 crore, the official said.

SGK

Follow Niharika Times for all the big news from India and abroad. Like us on Facebook and Twitter . Always visit Niharika Times for latest news.

Tags: current india newsindia latest newsindia newsindia news onlineindian newslatest india breaking newslatest india newsLatest Newslive news indianews from indianews on indianews paper indiaNiharika TimesNiharika Times newsniharikatimesthe Niharika Timestimes news
ShareTweetSend

Related Posts

US Commerce Secretary Anticipates Trade Negotiations Between India and Trump

US Commerce Secretary Anticipates Trade Negotiations Between India and Trump

Uttar Pradesh Honors 81 Teachers with State Teacher Award on Teachers' Day

Uttar Pradesh Honors 81 Teachers with State Teacher Award on Teachers’ Day

Recent News

  • Hyundai Motor India Expands Knight Lineup with New Models
  • US Commerce Secretary Anticipates Trade Negotiations Between India and Trump
  • Design Democracy 2025 Festival Launches in Hyderabad
  • Apple’s iPhone 17 Gains Edge as Google Pixel Users Consider Switch
  • India’s Unlisted Shares Market Sees Significant Growth
  • About Us
  • Contact Us
  • Cookie Policy
  • Corrections Policy
  • DMCA
  • Privacy & Policy
  • About
Call us: +91 97996 37175

© 2022 Niharika Times. All Rights Reserved

📰 ई-पेपर

  • National
  • Rajasthan
  • Sports
  • Cinema
  • Business
  • Recipe

© 2022 Niharika Times. All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.