ED attaches property price Rs 13.42 crore of former minister in Mumbai and Lucknow | Lucknow Information
LUCKNOW: Directorate of Enforcement (ED) provisionally hooked up numerous immovable properties within the type of 4 flats in an residence in Malad Mumbai, seven parcels of Agricultural and Residential land located at Mohanlalganj and Hariharpur in Lucknow, having whole worth of Rs 13.42 crore.
All of the properties belong to former minister Gayatri Prasad Prajapati’s members of the family and his shut associates and have been hooked up underneath the provisions of the Prevention of Cash Laundering Act (PMLA), 2002.
ED initiated investigation in 2021 on the idea of FIR registered by Uttar Pradesh Vigilance Institution, Lucknow in opposition to Gayatri Prasad Prajapati, Ex- Minister of mining, UP for the act of buying disproportionate belongings and conducting prison misconduct on the idea of advice of Lokayukta.
ED investigation revealed that Gayatri Prasad Prajapati, whereas holding the publish of Mining Minister of Uttar Pradesh, misused his official place and had acquired large disproportionate belongings within the title of his members of the family and different shut associates/ mates which was not in commensuration to their recognized sources of earnings. Prajapati and his members of the family laundered the illicit funds generated throughout his tenure as a minister via numerous authorized entities by way of a set of fictitious and sham transactions to amass a number of belongings. He additionally used the financial institution accounts of his members of the family to deposit the illegitimate money, earned by him and misused his fiduciary relation with them for his unlawful features.
Earlier, ED had hooked up 60 immovable properties within the type of lands/buildings acquired within the title of Gayatri Prajapati’s members of the family, numerous authorized entities, benami holders, kin, staff and mates and deposits made in Financial institution Account, collectively valued at Rs.36.95 crore.
