According to the Prevention of Money Laundering Act (PMLA), 2002, the Directorate of Enforcement (ED) has provisionally attached immovable and mobile property valued at approximately Rs. 7.88 crore that belongs to Baljit Singh, the legal heir of the late Karnail Singh, Late Pritam Singh, Late Ishar Singh, Late Sher Singh, Late Gulzar Singh, and Late Jasmer Chand in a case involving the fraudulent disbursement of enhanced compensation against the acquisition of land by Land Acquisition Office (LAO), Panchkula, Haryana.
Based on an FIR Haryana Police had filed under many sections of the Indian Penal Code, 1860 against landowners and employees of the Land Acquisition Office, the ED had opened an inquiry.
An inquiry by the ED showed that the landowners got improperly increased compensation from the LAO by using incorrect Special Leave Petitions (SLPs) submitted to the Hon. Supreme Court, which resulted in an improper loss of Rs. 9.71 Crore to the state exchequer.
Further investigation by the ED found that the ineligible beneficiaries and their legal successors had used the boosted remuneration as the proceeds of crime to buy fixed deposits, stocks, and real estate in addition to using it for their own personal purposes. As a result, immovable and mobile properties worth about Rs. 7.88 crore have been provisionally attached in accordance with PMLA regulations.
Earlier, the Ld Adjudicating Authority in this matter confirmed the attachment of moveable and immovable properties valued at about Rs. 1.55 crore. In this case, the total amount of the attached profits of crime is around Rs. 9.43 crore. Further research is now being conducted.
