In accordance with the provisions of the Prevention of Money Laundering Act, the Directorate of Enforcement (ED) has temporarily attached immovable property totalling approximately Rs. 7.89 crores in the form of land located in the Village Vallah District of Amritsar, Punjab, and mobile property totalling approximately Rs. 2.40 crore (account balance) in the case of the NH-74 Scam.
Based on the FIR filed by Police Station, Pant Nagar, Udham Singh Nagar under different sections of the IPC, 1860, ED began the investigation under PMLA. In the course of the investigation, it was discovered that Ajmer Singh, Sukhdev Singh, Gurvail Singh, Sukhwant Singh, and Satnam Singh, all descendants of Late Shri Gurbachan Singh, conspired with revenue officials and middlemen to have forged Section 143 of the U.P.Z.A. and L.R. Act orders backdated and entered into the revenue records at a later time. As a result, they fraudulently received excess compensation totalling Rs. 15.73 Crore for their property, which was being purchased at a non-agricultural rate for the purpose of extending the NH-74, resulting in a significant financial loss for the government and equivalent benefits for themselves.
According to PMLA’s investigation, this illegally obtained money was either moved into their other bank accounts or the bank accounts of their relatives, or it was used to buy real estate in their names. When the POC was located, a Preliminary Attachment Order was issued to attach assets totalling around Rs. 10.29 crore, including mobile property in the form of account balances and immovable property in the form of land located in the Punjabi village of Vallah. More research is being done.
