ED attaches assets in VKGUY licence fraud case
Updated:
Updated:
Share Article
AAA
The Enforcement Directorate (ED) attached five commercial properties belonging to the director of Sunkkalp Creation Private Limited and another accused in connection with the alleged forgery of Vishesh Krishi and Gram Udyog Yojana (VKGUY) licences and their fraudulent sale to Reliance Industries Limited.
The attached properties include a commercial premises in Mumbai and four in Rajkot in Gujarat. The total value is worth ₹4.87 crore. The ED said the assets belong to Kalpesh Daftary, director of Sunkkalp Creation, and one Piyush Viramgama.
The money laundering probe is based on an FIR registered by the Central Bureau of Investigation against Mr. Daftary and others for allegedly committing fraud to the tune of ₹6.82 crore. It is alleged that they forged 13 VKGUY licences and got them sold to Reliance Industries Limited under invoices of an operating company, Hindustan Continental Limited.
Representative Image
ED attaches assets worth Rs 4.87 cr in Vishesh Krishi and Gram Udyog Yojana Licences fraud case ANI | Updated: Jan 13, 2021 18:26 IST
New Delhi [India], January 13 (ANI): Enforcement Directorate (ED) has provisionally attached immovable assets worth Rs 4.87 crore belonging to Kalpesh Daftary, Director of Sunkkalp Creation and other accused Piyush Viramgama under the provisions of Prevention of Money Laundering Act, 2002 (PMLA).
The attached assets consist of 5 immovable properties which include a commercial premise situated in Mumbai and 4 commercial premises in Rajkot. Investigation under PMLA was initiated by the ED on the basis of FIR registered by Central Bureau of Investigation, EOU, New Delhi under section 120 B read with 420, 467, 468, 471, 477A of IPC and 13(2) r/w 13 (1) (d) of Prevention of Corruption Act, 1988 against Kalpesh Daftary of M/s Sunkkalp Creation Pvt. Ltd. and others for committing fraud to the t
Mumbai: ED attaches properties worth Rs 4.87 crore in fraud case
File Image
Mumbai: A commercial premise in Mumbai and four other commercial premises in Rajkot have been provisionally attached by the Enforcement Directorate (ED) in a fraud case involving amounts to the tune of Rs 6.32 crore.
The agency on Wednesday stated that the total worth of the properties is around Rs. 4.87 crore belonging to Kalpesh Daftary, director of M/s. Sunkkalp Creation Pvt. Ltd and other accused Piyush Viramgama. The action has been initiated under the provisions of Prevention of Money Laundering Act, 2002 (PMLA). âInvestigation under PMLA was initiated by the ED on the basis of FIR registered by Central Bureau of Investigation, EOU, New Delhi against Daftary and others for committing fraud to the tune of Rs. 6.82 crores.