ED Crack Down on Late Gangster Vikas Dubey & his associates. Vikas Dubey, his family, his assistant Jaikant Bajpai, and his colleagues are the owners of these properties, which are worth a total of 10.12 crore. According to the Enforcement Directorate, these assets were “generated from proceeds of crime acquired through illegal acts of Vikas Dubey.”
AML Watchdog of India, Enforcement Directorate (ED) Under the guidelines of the Prevention of Money Laundering Act (PMLA), 2002, 28 immovable assets worth Rs. 10.12 crore were attached in the names of Vikas Dubey and his friends.
Based on an FIR filed by Police Station Chaubeypur, District Kanpur Nagar, Uttar Pradesh, ED opened an inquiry into money laundering. The ED launched an inquiry to pinpoint those responsible for the money laundering offence as well as the homes, assets, and other possessions they may have purchased with the proceeds of their alleged criminal activity.
Properties worth Rs. 10.12 crore that was bought in the names of Vikas Dubey and his family, Jaikant Bajpai and his family, and his acquaintances were discovered during the inquiry. The money used to purchase these assets came from Vikas Dubey’s illicit businesses. Together with his helpers, he committed several crimes, including organised crime, land mafia, corruption, and misappropriation of money intended for the Public Distribution System (PDS), among others. A record of the accused’s statements has been made. The majority of the accused are detained in jail.
The facts, pieces of evidence, and documents convincingly demonstrate that the aforementioned individuals engaged in the act of money laundering and primarily invested the proceeds of crime in real estate. 28 moveable properties worth Rs. 10.12 crore that is located in Kanpur and Lucknow have now been temporarily attached based on a PMLA inquiry. The situation is still being looked into further.
