Hyderabad | ED attaches EPFO employee's assets worth Rs 1.1 crore for cheating pensioners

The Enforcement Directorate attached the assets of the EPFO employee after a probe into a money-laundering complaint.

The Enforcement Directorate has attached assets worth Rs 1.13 crore of a former officer of the Employees' Provident Fund Organisation (EPFO) and his family members for allegedly siphoning off Rs 1.64 crore of pensioners’ funds to his personal accounts, officials said.

The amount was allegedly diverted and credited to the accounts of the accused and his relatives between 2011 and 2014.