New Delhi, Feb. 5 -- The Enforcement Directorate (ED), Visakhapatnam Sub-Zonal Office, stated on Thursday that it has attached movable and immovable properties worth Rs 1.39 crore in the case against Alladaboina Satish of the Indian Railways for acquiring disproportionate assets in his and his family members' names.
The attached properties include nine residential flats and plots, along with three fixed deposits held in the names of Alladaboina Satish, his wife, and his parents-in-law.
The ED initiated its investigation under the Prevention of Money Laundering Act (PMLA) based on an FIR registered by the CBI's Anti-Corruption Bureau. The case was against Alladaboina Satish (IRSE:2001), the then Deputy Chief Engineer (Design) of the North ...