In the case of embezzlement of NHAI and HSIIDC funds, the Directorate of Enforcement (ED) has provisionally attached assets worth Rs. 24.01 crore belonging to Naresh Kumar Sheokand, former District Revenue Officer (DRO) of Panchkula, Haryana, and others under the provisions of the Prevention of Money-laundering Act (PMLA), 2002.
The ED launched an investigation based on a FIR filed by the State Vigilance Bureau, Haryana, and the Central Bureau of Investigation, New Delhi, against Naresh Kumar Sheokand and others under various sections of the Indian Penal Code, 1860, and the Prevention of Corruption Act, 1988, for criminal conspiracy, cheating, forgery, and criminal misconduct by a public servant.
An ED investigation found that Naresh Kumar Sheokand, in collusion with other private individuals, fraudulently diverted NHAI and HSIIDC monies intended for land purchase to ineligible persons, resulting in a Rs. 37.89 Crore unjust loss to the exchequer.
The ED investigation further found that these profits of crime monies were channelled to multiple bank accounts, withdrawn in cash, invested in business, and used to acquire various properties. As a result, the mobile and immovable properties worth Rs. 24.01 crore belonging to Naresh Kumar Sheokand and others in Haryana, Delhi, and Uttar Pradesh have been attached in accordance with the provisions of the PMLA, 2002.
Previously, the ED attached and validated properties worth Rs. 2.42 crore belonging to Naresh Kumar Sheokand and Shamshad. To date, the total attachment in this case is Rs. 26.43 Crore. In addition, Naresh Kumar Sheokand and Chandra Shekhar have been detained and are currently in Judicial Custody in this matter. More research is being conducted.
