Millennium Post

ED freezes Matang’s properties worth Rs 90 cr

Enforcement Directorate on Friday froze three prime properties worth over Rs 90 crore of former Union minister Matang Sinh in connection with its probe in the Saradha scam for alleged violation of money laundering law.

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.
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