The Enforcement Directorate, Lucknow, connected properties and financial institution accounts of jailed former minister Gayatri Prajapati, his relations and their firms value Rs 36.94 crore. Prajapati held the portfolio of Mining Minister of UP throughout 2013 to 2016 within the Samajwadi Party authorities.
A complete of 57 financial institution accounts with Rs 3.50 crore and 60 immovable properties value Rs 33.45 crore and have been provisionally connected on Wednesday, stated an ED official. The whole market worth of such properties as on at this time’s date is over Rs 55 crore.
On Thursday, the ED filed its prosecution grievance beneath part 45 of the Prevention of Money Laundering Act towards Prajapati for misappropriation of cash by amassing a lot of properties within the names of his relations, benamis and corporations managed by way of his sons and dummy administrators.
ED claimed that Prajapati had hid info in his affidavits filed throughout 2012 and 2017 Vidhan Sabha elections.
The company recorded Prajapati’s assertion in August 2019 when he was in judicial custody and present process therapy in hospital. After he gave false and deceptive statements and likewise remained evasive on many questions posed by the ED, the company arrested him for custodial interrogation.
Prajapati might additionally not clarify the supply of funds used to accumulate the properties in his names and tried to shift the onus on his Chartered Accountant. His Income tax returns had been additionally discovered to be manipulated and bogus inflation in his earnings from rental earnings was observed by the ED, acknowledged press launch issued by ED.
The residences of Gayatri and his chartered accountant had been searched. In addition, the homes of two suspected benamis had been additionally searched, who had been revealed to be Gayatri’s driver and an workplace peon.