ED freezes Matang Sinh's properties worth over Rs 90 crore
6 Feb 2015 9:14 PM GMT
The action of ED came late evening. The three flats-- two in posh localities here and an entire apartment building in Noida in which he purportedly owns multiple flats-- are estimated to be over Rs 90 crore.
The sources said one of the flats is in Doctor Lane in Gol Market area which is a stone's throw from Connaught Place.
They said these properties will soon be attached for alleged violation of PMLA.
The agency has earlier issued similar orders against the former Union minister for his immovable properties in Assam and West Bengal.
Sinh, who was arrested by the Special Investigation Team of CBI in Kolkata, was charged with criminal conspiracy, cheating?and misappropriation of funds related to Saradha Realty, one?of the companies of the group which is being probed by the agency, CBI sources said.
The former Congress MP had allegedly been?using the name of the senior bureaucrat to get deals settled?and getting work done, they said.
They said now his questioning may throw some links with the senior bureaucrat who has resigned after the controversy.
CBI has already charge sheeted Sinh in a loan default?case in February 2013 where he allegedly did not repay Rs 67 crore loan taken from Canara Bank for floating M-3 Channel.
The sources said one of the flats is in Doctor Lane in Gol Market area which is a stone's throw from Connaught Place.
They said these properties will soon be attached for alleged violation of PMLA.
The agency has earlier issued similar orders against the former Union minister for his immovable properties in Assam and West Bengal.
Sinh, who was arrested by the Special Investigation Team of CBI in Kolkata, was charged with criminal conspiracy, cheating?and misappropriation of funds related to Saradha Realty, one?of the companies of the group which is being probed by the agency, CBI sources said.
The former Congress MP had allegedly been?using the name of the senior bureaucrat to get deals settled?and getting work done, they said.
They said now his questioning may throw some links with the senior bureaucrat who has resigned after the controversy.
CBI has already charge sheeted Sinh in a loan default?case in February 2013 where he allegedly did not repay Rs 67 crore loan taken from Canara Bank for floating M-3 Channel.
Next Story
