ED attaches immovable properties of Kanishk Gold worth Rs 138 cr
Chennai, June 14: The Enforcement Directorate (ED) on Thursday said it has attached immovable properties, worth Rs 138 crore, belonging to Kanishk Gold Pvt Ltd and its Managing Director Bhoopesh Kumar Jain under the Prevention of Money Laundering Act (PMLA).
In a statement issued here, ED said the 14 immovable properties worth about Rs 138 crore belonging to Kanishk Gold and its Managing Director Jain.
On April 24, the ED it has frozen Rs 48 crore worth of properties belonging to Kanishk Gold Pvt Ltd under PMLA.
According to ED, a Provisional Attachment Order was issued April 24, attaching properties to the tune of Rs 143.58 crore, which were identified as proceeds of crime committed by Jain along with others, as the same are involved in money laundering.
The jewellery company is alleged to have indulged in offences of forgery, cheating and criminal conspiracy against 14 member banking consortium led by State Bank of India (SBI).
The SBI has loged a complaint with the Central Bureau of Investigation and an FIR has been lodged.
It is alleged that Kanishk Gold secured credit facilities from banks after providing fudged stock statements with the help of chartered accountants.
The total loss caused to the banks due to the above fraud works out to the tune of Rs 824 crore, outstanding as on December 31, 2017, the ED said.
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What was the need to disrespect 82-year-old leader: Priyanka slams PM
New Delhi (PTI): Congress leader Priyanka Gandhi Vadra on Friday accused Prime Minister Narendra Modi of disrespecting Mallikarjun Kharge by not replying to the Congress president's letter himself, and said it is unfortunate that leaders in the highest positions have rejected great traditions of democracy.
The Congress general secretary said today's politics is full of poison and the prime minister should have set a different example, keeping the dignity of his post in mind.
On Tuesday, Kharge had written a letter to the prime minister and raised the issue of "extremely objectionable" and violent statements by the ruling alliance members targeting Rahul Gandhi, urging him to discipline his leaders.
In response to Kharge's letter to Modi, BJP chief J P Nadda wrote to the Congress president and cited his party's own litany of complaints against the Leader of Opposition in the Lok Sabha and other Congress members for their choice of words against the prime minister.
In a post in Hindi on X, Priyanka Gandhi said that in view of the unrestrained and violent statements of some BJP leaders and ministers, Congress president and Leader of Opposition in the Rajya Sabha Kharge wrote a letter to the PM, concerned about the safety of the life of Rahul Gandhi.
"If the Prime Minister had faith in democratic values, balanced dialogue and respect for elders, he would have himself replied to this letter.
Instead, he got a low-level and aggressive reply written by Nadda ji and sent it," she said.
What was the need to disrespect an 82-year-old senior public leader, Priyanka Gandhi asked.
"The tradition and culture of democracy is to ask questions and have a dialogue. Even in religion, no one is above values such as dignity and etiquette," she said.
"Today's politics is full of poison, the Prime Minister should have set a different example, keeping the dignity of his post in mind," Priyanka Gandhi said.
If the PM had respectfully replied to the letter of a senior politician, his image and dignity would have increased in the eyes of the public, she said.
"It is unfortunate that our leaders in the highest positions in the government have rejected these great traditions," Priyanka Gandhi said.
The Congress on Thursday had said Prime Minister Modi must rise above "petty politics" and condemn the actions of the ruling alliance leaders, who targeted Leader of the Opposition Rahul Gandhi.
The opposition party had asserted the whole world is watching how the ruling BJP is "putting the life of the Leader of the Opposition in danger".
The assertion came in a letter by AICC general secretary in-charge Jairam Ramesh to Nadda in response to the BJP chief's letter to Kharge earlier.
The opposition party has slammed as "intemperate" and "juvenile" Nadda's reply to Kharge on his letter to Prime Minister Modi flagging "threats" aimed at Gandhi.
