Money laundering case against Kripashankar Singh | mumbai | Hindustan Times
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Money laundering case against Kripashankar Singh

mumbai Updated: May 11, 2012 22:13 IST

The Enforcement Directorate (ED) has registered a money laundering case against former Mumbai Congress chief Kripashankar Singh in connection with its probe into alleged amassing of disproportionate assets by him and his family members.

The agency took the action after the ED headquarters in Delhi directed a thorough probe into the assets and finances of Singh and his personal and professional associates.

Singh, already facing action by enforcement agencies of Maharashtra government, has been accused of possessing undisclosed assets and the state government had submitted a probe report last month before the Supreme Court in this connection.

The ED, according to sources, will probe the transactions and properties purchased by Singh and also if there was any suspect deal by him with former Jharkhand Chief Minister Madhu Koda who is also facing charges of financial irregularities.

The agency has gathered preliminary data from the I-T department and other state enforcement agencies and is expected to issue summons to Singh and his family for recording of statement under the Prevention of Money Laundering Act (PMLA).

The Supreme Court had earlier asked the Mumbai Police Commissioner to conduct an independent probe and collect evidence regarding all movable and immovable properties of Kripashankar and his family, including his wife, son, daughter-in-law and daughter while seeking a report in a sealed envelop.

The Bombay high court had on February 22 directed the City Police Commissioner to prosecute them for "criminal misconduct" under the Prevention of Corruption Act.

The high court had also directed the police to attach the immovable properties of the Congress MLA.

The Bombay high court had passed the order on a public interest litigation filed by activist Sanjay Tiwari who alleged the Congress MLA had amassed wealth disproportionate to his known sources of income.

The ED will look at Singh's dealings with Koda as his son Narendra Mohan is married to Ankita, daughter of Kamlesh Singh, who was a minister in the Koda cabinet, and is now in jail in connection with a financial irregularity case.

Ankita had received Rs 1.75 crore in her account from Kamlesh, the PIL said, adding there were huge transactions from the bank accounts of Kripashankar's wife Malti Devi too.

Kripashankar's counsel had opposed the PIL, calling it politically motivated.