Under the provisions of the Prevention of Money-laundering Act (PMLA), 2002, the Directorate of Enforcement (ED) has provisionally attached properties worth Rs. 1.11 Crore belonging to Naresh Kumar Sheokand, the former District Revenue Officer (DRO) of Panchkula, Haryana, and others in the case of embezzlement of NHAI and HSIIDC funds.
The State Vigilance Bureau in Haryana and the CBI in New Delhi filed an FIR under many sections of the IPC, 1860, and the Prevention of Corruption Act, 1988, which served as the foundation for the ED’s probe. Following an ED inquiry, it was discovered that Naresh Kumar Sheokand, in collusion with other private individuals, had illegally transferred NHAI and HSIIDC monies intended for land purchase to non-bona fide individuals, resulting in an unjust loss to the exchequer of Rs. 37.89 Crore.
The proceeds of the crime were subsequently transferred to multiple bank accounts, taken out in cash, invested in businesses, and used to buy a variety of properties, according to an ED investigation. As a result, in accordance with the PMLA, 2002, moveable and immovable properties worth Rs. 1.11 crore that belong to Naresh Kumar Sheokand and others have been attached.
Previously, two PAOs had been attached to assets worth Rs. 26.43 crore that belonged to Naresh Kumar Sheokand and others. As of right now, the total attachment in this case is Rs. 27.54 crore. Additional research is currently being conducted.
