ED summons KGF Babu for questioning after raid reveals Rs 70 cr in bank accounts of Babu’s relatives
Bengaluru: The Enforcement Directorate issued summons to Yousuf Sharif alias KGF Babu, who contested the Assembly elections from Chickpet, and the businessman’s aides have said that he has traveled to New Delhi on Wednesday for a questioning at the Directorate head office.
The investigating officials of the Directorate found a total of more than Rs 70 crore in the accounts of Babu’s relatives during a recent raid.
The ED, on finding evidence of Babu indulging in illegal transfer of huge amounts of money, conducted the raid on his residence and office in the city.
A team of more than 20 ED officials raided buildings owned by Babu, including his residence Ruksana Palace Nivasa in Vasanth Nagar, Umra Developers and Umra Real Estate Company.
The officials also checked the documents in the buildings during the raid and confiscated documents in relation to the case.
Babu’s first wife Ruksana, his second wife Shajia, daughter Umra Fareef, son Afnan and other close relatives are learned to have 23 bank accounts. Babu himself has 12 bank accounts in his name.
The bank accounts had a total amount of more than Rs 70 crore.
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Illegally stored gas cylinders seized
Thane (PTI): Authorities have seized illegally stored 1,839 gas cylinders and seven vehicles worth over Rs 67 lakh in the Dombivli MIDC area of Thane district, officials said on Saturday.
A special vigilance team of the Mumbai Rationing Department detected an illegal storage of domestic and commercial LPG cylinders in Phase-2 of Dombivli (East).
Cylinders belonging to multiple gas agencies were found stockpiled in closed vehicles, unauthorised warehouses, and open sheds without mandatory permissions from the Explosives Department, Fire Department, or oil companies, according to an official release.
