Digital Desk, Indore. The Enforcement Directorate (ED) has attached assets worth Rs 1.39 crore of Indore Municipal Corporation officer Mohammad Aslam Khan and his wife in connection with a money laundering probe. The ED said that the properties worth Rs 1.39 crore attached against Khan and others in the money laundering case include gold, cash, vehicles, houses, shops, agricultural land and plots.
Earlier the ED initiated money laundering probe on the basis of various FIRs registered by the Special Police Establishment, Lokayukta, Indore against Khan for accumulating disproportionate assets.
Financial probe agency ED confirmed this in a statement. During investigation it was revealed that Khan had resorted to corruption while working in Indore Municipal Corporation and earned proceeds of crime.
The ED statement said that Khan had misappropriated the money earned either by using it directly or by depositing the cash in his controlled bank accounts through interconnected transactions and eventually in his name and that of his wife’s. culminated in the acquisition of movable and immovable properties purchased in the name of
The statement further said that the wrongly earned money was systematically invested in gold, vehicles, agricultural land, plots and commercial shops located in Indore and adjoining districts of Madhya Pradesh.