New Delhi, September 21: The Schooling Office has launched a money laundering investigation into allegations that the federal government presented compensation money to people impacted by the Trans-Arunachal Pradesh highway task under building in northeastern Arunachal Pradesh, the agency claimed on Wednesday.
The approximately 2,396-kilometre highway job is built to hook up 16 districts in the point out, from Tawang in western Arunachal Pradesh to Kanubari in Longding district in the southeastern section of the condition.
The federal investigation agency claimed in a assertion that it executed two raids in the condition on September 20, followed by the freezing of mounted deposits value Rs 395 crore under the felony provisions of the Avoidance of Revenue Laundering Act (PMLA).
The investigation uncovered that, the ED mentioned, “some authorities officials condoned non-public individuals and produced several untrue beneficiaries, ensuing in undue gains for them selves and losses to govt funds.”
“The investigation more decided that some of the defendant’s ensuing criminal proceeds have been transferred as a result of numerous lender accounts and time period deposits,” it said.
The cash-laundering scenario stemmed from a February 2019 FIR filed by the state police vigilance division’s Distinctive Investigations Device (SIC), alleging that some federal government officers conspired with specified private folks to “misappropriate” compensation money that were being supposed to be accessible to those people impacted, the agency reported. , the beneficiary/beneficiary of the Trans Arunachal Freeway Challenge. (PTI)