A day after the Mumbai police registered a case against Kripashankar Singh and his family members, the Enforcement Directorate too has got into the act.
On Wednesday, the ED started an inquiry against the tainted former city Congress chief and his family members under the Prevention of Money Laundering Act (PMLA). As a first step, it will write to the Mumbai police to access a copy of the first information report (FIR) filed against the Singhs, it is learnt.
To commence a probe under PMLA, at least one of the scheduled offences, mentioned in the (PMLA) Act, need to be registered against the accused. In the case against Singh and his family members, three Indian Penal Code sections applied by the police are part of the scheduled offences list.
These include 120B (criminal conspiracy), 420 (cheating and dishonestly inducing delivery of properties) and 467 (forgery of valuable security, will, etc).
Sources in ED said that after the FIR copy is received, the agency will start gathering documents pertaining to Singh and his family members’ properties and assets.
“We would obtain copies of the documents that are with the Anti-Corruption Bureau (ACB) and the Mumbai police,” said an ED official who did not wish to be named as he is not authorised to speak to the media.
The agency will also approach the corporates from whom Singh’s family members got interest- free loans, he said, in order to gather evidence. “We will ascertain from where and how Singh and his family members got money to buy so many properties and assets,” he said.
The ED probe is expected to gain momentum once the Mumbai police submits its investigation report in the Bombay high court on April 19.