ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

ED files Prosecution Complaint against Charanjit Singh Bajaj and four other accused in a money laundering case

Jalandhar Zonal Office filed a Prosecution Complaint before the Special Court (PMLA), Mohali against Charanjit Singh Bajaj and four other accused including the company Pure Milk Products Private Limited (PMPPL) in a money laundering case related to bank fraud of Rs 62.13 crore, said officials.

ANI Nov 05, 2024 16:50 IST googleads

Representative Image

New Delhi [India], November 5 (ANI): Directorate of Enforcement (ED), Jalandhar Zonal Office filed a Prosecution Complaint before the Special Court (PMLA), Mohali against Charanjit Singh Bajaj and four other accused including the company Pure Milk Products Private Limited (PMPPL) in a alleged money laundering case related to bank fraud of Rs 62.13 crore, said officials.
The Special Court took cognizance of the Prosecution Complaint on October 30, 2024. ED initiated an investigation based on an FIR registered by the Central Bureau of Investigation, EOU-IV, New Delhi, under various sections of the IPC, 1860, and the Prevention of Corruption Act, 1988, said officials.
ED investigation revealed that the above-mentioned form did not use the loan for the intended purpose for which it was granted. Charanjit Singh Bajaj, MD of M/s PMPPL, allegedly diverted the Proceeds of Crime (PoC) through various shell entities. Further, PoC to the tune of Rs 37.82 Crore was diverted to various related entities using fraudulent methods, said officials.
ED had previously conducted a search at 11 different premises which led to the recovery of cash of Rs 1.14 Crore and gold, added the statement.
Earlier, ED had also attached immovable properties worth Rs. 24.94 Crore, said officials.
More details into the matter are awaited. Further investigation is under progress. (ANI)

Get the App

What to Read Next

Politics

Giriraj Singh slams Rahul Gandhi over conduct in Parliament

Giriraj Singh slams Rahul Gandhi over conduct in Parliament

Speaking to reporters here on Thursday, Singh said the opposition had sought permission to speak on the issue of LPG, but did not adhere to the subject.

Read More
Politics

YSRCP files PIL challenging Andhra Pradesh govt’s land policy

YSRCP files PIL challenging Andhra Pradesh govt’s land policy

Former Andhra Pradesh Minister Gudivada Amarnath on Thursday said that the YSR Congress Party (YSRCP) has filed a Public Interest Litigation (PIL) challenging the land policy of the state government, alleging that large extents of valuable public land are being allotted to a few real estate companies at very low prices.

Read More
Politics

Congress' Muraleedharan says LPG shortage "affecting families"

Congress' Muraleedharan says LPG shortage

"Most of the hotels are closed. Even in the few that are open, we are not getting proper food. This situation is affecting families as well. Therefore, we request the Central Government to intervene in this matter and take strong action to ensure the supply of LPG gas," Muraleedharan told reporters in Thiruvananthapuram.

Read More
General News

Woman found dead in hotel room in North Delhi

Woman found dead in hotel room in North Delhi

According to Delhi Police, around 12:30 am, staff of Prince Hotel located at SPM T-point on Church Mission Road informed the beat staff that Room No. 205 was locked and the guest inside was not responding despite repeated knocking.

Read More
Politics

"No shortage of petrol, diesel or LPG": Hardeep Singh Puri

In his statement in the Lok Sabha, Puri said the government has taken multiple measures to safeguard the country's energy security and ensure the uninterrupted availability of petroleum products, cooking gas, and natural gas.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.