Disbursal of excess compensation for land acquisition along highway resulted in loss to exchequer.
Enforcement Directorate. Submit.|Picture Credit: The Hindu
Disbursal of excess compensation for land acquisition along highway led to loss to exchequer.
The homes belonging to Barinder Singh, Balwant Singh, Ramesh Kumar, Vikramjeet Singh, Mandeep Singh, Harjinder Singh, their family members, and Fibremarx Documents Private Limited of Jasdeep Singh Goraya, have been attached under the Avoidance of Cash Laundering Act (PMLA).
The properties consist of agricultural/industrial land, commercial plots and structures located in Udham Singh Nagar, and the balances in 5 bank accounts.
Barinder Singh and Balwant Singh diverted the earnings of criminal offense to the tune of 9 crore, and Harjinder Singh to the tune of 1 crore, to the accounts of Jasdeep Singh Goraya and Mehak Kaur, which was utilized in their business, Fibremarx Documents.