Enforcement Directorate has provisionally attached immovable and movable assets worth over eight crore rupees belonging to Ex-legislature Ateeq Ahmad and his wife in a money laundering case. The asset consists of land property in Jhunsi, Phulpur, Allahabad, and balances in bank accounts. The agency had initiated money-laundering investigation on the basis of several FIRs filed at various Police stations against Ateeq Ahmad and others for criminal offences related to murder, extortion, cheating, forgery and land grabbing.<br />'' <br />'' During investigation under the Prevention of Money Laundering Act, it is revealed that Ateeq Ahmad through the criminal activities earned money in cash and deposited it in his and his relative's bank accounts. It has also been noticed that funds are being credited in their accounts from various firms and companies being run by his aides. The agency said, it has also been revealed during investigation that these funds have been further utilized for the acquisition of land property in the name of his wife.<br />'' &nbsp;
News On AIR | December 13, 2021 7:24 PM
Money Laundering Case: ED attaches assets worth 8 crore rupees of Ex-legislature Ateeq Ahmad and his wife