Money laundering case: ED attaches property worth Rs 8 crore of Ateeq Ahmad, his wife
India Today
ED attached immovable and movable assets comprising land and bank accounts worth Rs 8.14 crores, belonging to ex-legislature-cum-mafia Ateeq Ahmad and his wife.
In a big move ahead of the Uttar Pradesh elections, the enforcement directorate attached immovable and movable assets comprising land and bank accounts worth Rs 8.14 crores, belonging to ex-legislature-cum-mafia Ateeq Ahmad and his wife.The agency has started an investigation under the Prevention of Money Laundering Act (PMLA) after taking cognizance of several FIRs lodged against him with various police stations related to murder, extortion, cheating, forgery, land grabbing and crimes of similar nature.
During the investigation, it was revealed that Ateeq Ahmad used to earn money through criminal activities and deposited it in the bank accounts of relatives. The ED also found the money was being credited to various firms and companies run by his aides.
