On Saturday, May 30, the Director of Enforcement (ED) started new activities in the multi-crore scam involving Shrajan Mahila Unnayan Sahyog Samiti Limited and amassed assets worth Tk 14.32 crore belonging to a Bihar-based NGO.
The seized properties include about 20 flats in Noida, Ghaziabad, Pune, Ranchi, Bhagalpur and Patna, 16 shops in Noida, Ghaziabad and Bhagalpur, 33 plots in Bihar, a car and Rs 4.84 crore in a bank account.
Based on an FIR filed by the Central Bureau of Investigation (CBI), the Rs 1,000 crore Shrajan scam investigator ED has confiscated these vast assets under the provisions of the Prevention of Money Laundering Act (PMLA).
Connected under ED PML, there are 20 flats, 16 shops, 33 plots, a Volkswagen car and a total balance of Rs 1,000 in the bank account. 143.32 crore including Shranjan Mahila Unnayan Sahyogi Samiti Limited and others in embezzlement of government funds;
– ed (dir_id) May 30, 2020
ED shares details of his investigation
According to the agency, funds worth Rs 557 crore were snatched from the government account after it was illegally transferred to the bank account of a private company. There were allegations of money laundering between 2003 and 2004.
“The late Manorama Devi was the secretary of the society (NGO) till her death on February 13, 2013. She was the main accused who met with government officials and others involved in misuse of government funds,” ED was quoted as saying by PTI.
Further, the ED mentioned that the money transferred to the bank account of Sreejan Mahila Bikash Sahyogita Samiti Limited was redirected to various entities through RTGS, cash and checks.
“The illegally transferred funds were also used to acquire property in the name of Manorama Devi’s family members, government officials and others,” the ED added.
What is the Srinagar scandal?
The scandal involving Shrijan Mahila Bikash Sahakari Samiti Limited was published in 2017. It is alleged that the NGO used to provide vocational training to women had allocated funds for government welfare projects from the bank account of Bhagalpur district administration.
Preliminary investigations by the local police have indicated that the NGO bought check-books from a bank in Sabur in Bhagalpur district of Bihar and forged the signature of the district magistrate to transfer government funds to his account.