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ED attaches assets worth Rs 119 cr in Lottery Martin case

New Delhi: The ED on Monday attached assets worth Rs 119.6 crore belonging to companies floated by Santiago Martin alias Lottery Martin and his associates in a money-laundering case it is investigating.

The provisional order for attachment covers 61 flats, 82 open plots, and six plots with buildings in Coimbatore, Tamil Nadu. The Enforcement Directorate had taken up investigation under provisions of the PMLA against Martin, and his companies after taking cognizance of a CBI chargesheet, where it was alleged that the lottery operator had cheated the Sikkim Government by violating provisions of the Lottery Regulation Act. The financial probe agency's investigation revealed that Martin and his associates made away with Rs 910.3 crore by inflating prize winning ticket claims between April 2009 and August 2010. Martin allegedly invested this money in purchasing properties through 40 companies.

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