ED Attaches Properties Of Ex-HAL GM, Other For Embezzling Rs 18.7 Cr

NEW DELHI: Assets worth Rs 2.39 crores of a former general manager (finance) of Hindustan Aeronautics Ltd (HAL) and others have been attached by the Enforcement Directorate (ED) over charges of embezzlement of Rs 18.75 crores of the state-run defence major.

Movable and immovable properties of former HAL GM (finance) Bhaben Maitra, Bipra Charana Maharana, Sadananda Nayak, Jisudan Khosla, Jayaram Garada Jaganath Apat and late Urdhaba Khosla have been attached in a money laundering case, the agency said on Saturday.

The money laundering case was registered based on six FIRs registered by the Central Bureau of Investigation (CBI), Anti-Corruption Branch, Bhubaneswar against Maitra and others who allegedly embezzled the fund by forging documents between 2013 and 2018.

During its probe, the ED found that Maitra and other accused acquired various assets by using the proceeds of the crime, it said.

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