Friday | May 09 2025 | 08:18:30 PM
New Delhi, April 25
Directorate of Enforcement (ED), Ranchi has attached properties having value of Rs. 71.92 Lakh, in the case of Sunil Kumar & Others, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
ED initiated investigation on the basis of FIR registered by CBI, ACB, Ranchi, against Sunil Kumar, then Executive at Khadi and Village Industries Commission (KVIC), Ranchi, and others, alleging large-scale financial irregularities in the implementation of government schemes in the State Office of KVIC, Ranchi.
ED investigations revealed that Sunil Kumar, in criminal conspiracy with his relatives Shahil, Aman Kumar, and Priya, fraudulently diverted Rs. 3.28 Crore of government funds from KVIC to their personal accounts without any actual work. These funds, being Proceeds of Crime (POC), were further utilized to purchase immovable properties in Sunil Kumar’s name and in the name of his wife Sunita Devi, and to launder money through interconnected transactions.
The attached properties include bank balances worth Rs.14.08 Lakh in the accounts of Shahil, Aman Kumar, and Priya, and two land parcels worth Rs. 57.84 Lakh, situated at Ormanjhi, Ranchi — one registered in the name of Sunil Kumar and another in the name of Sunita Devi.
Earlier during the course of investigation, the ED has secured Rs. 31 Lakh (approx.) from one of the recipients of POC. Therefore, total POC secured in this case is Rs. 1.02 crore till now.
