The case revolves around absconding history-sheeter Biswajit Poddar, alias Sona Pappu, and an alleged network accused of illegally acquiring disputed properties across Kolkata and nearby areas.
Here's taking a look at the Enforcement Directorate's ongoing investigations into scams in the education sector.
The observations were made by a bench comprising Chief Justice of India Surya Kant and Justice Joymalya Bagchi during the hearing of a bail plea of Ayushi Mittal alias Ayushi Agarwal, accused in an alleged investment fraud to the tune of over ₹37,000 crore.
The total estimated current market value of the attached properties is about ₹1,113.81 crore.
The Enforcement Directorate today carried out searches at seven locations across NCR, including Noida, Greater Noida, Sainik Farms and New Friends Colony. The raids targeted premises linked to Raheja Developers, its Managing Director Naveen Raheja, his son Nayan Raheja, and other associated entities.
During an ED probe, it came to light that contractors paid exorbitant commissions ranging from 25 to 40 per cent of the contract value to officials and political figures in the state.
The AAP further alleged the BJP was using the ED and CBI as "political weapons" to intimidate opposition leaders, and to hinder the success of the INDIA alliance.
The ED on Friday said that three immovable properties located in the national capital worth Rs 24.95 crore, belonging to Hero MotoCorp executive chairperson Pawan Kant Munjal have been provisionally attached under the provisions of the PMLA.
The ED started an investigation under PMLA, 2002 based on FIR registered by the CBI against the Ex-Railway Minister Lalu Prasad Yadav, Rabri Devi and others.
The ED initiated an investigation under the PMLA based on an FIR lodged by the CBI against Lalu Prasad, Rabri Devi and others.
