The Enforcement Directorate (ED), Lucknow Zone, on Tuesday attached properties worth ₹10 crores belonging to slain gangster Vikas Dubey, in connection with the PMLA (Prevention of Money Laundering Act) case.
The ED had registered a case of PMLA against the slain gangster on the basis of Uttar Pradesh Police’s First Information Report (FIR) and investigations after the agency found a huge quantity of illegal properties owned by Dubey and his associates. The case was registered on September 14, 2020.
Dubey was gunned down in an encounter following his arrest by UP police from Ujjain for killing eight policemen in a gun battle in Kanpur. UP police had said he had tried to escape from the custody of escorting police while being brought to UP from Madhya Pradesh.
According to ED, an investigation was initiated in terms of PMLA, 2002, with a view to identifying the persons involved in the offence of money laundering and their properties and assets.
It was suspected that Dubey and his associates acquired properties out of the illegal gains by placing, layering and integrating those gains as untainted properties, which were in fact proceeds of crime, the ED said.
“During investigation under PMLA, 2002 properties worth ₹10.12 crore were identified and verified in the names of Vikas Dubey and his family members, Jaikant Bajpai and his family members, and his associates, which were derived from proceeds of crime earned by Vikas Dubey,” the central financial probe agency stated.
Dubey and his aides were involved in various kinds of offences like organised crime, land mafia, corruption, and embezzlement of funds meant for the Public Distribution System (PDS). Statements of accused persons have been recorded, and their income tax returns (ITRs) and bank accounts were scrutinized. Most of the accused persons are in jail. Their statements were recorded in jail, the ED said in its statement.
The facts, evidence and records cogently prove that Dubey and his associates indulged in the commission of the offence of money laundering and have invested the proceeds of crime in immovable properties mostly.
The properties which are attached in the name of Vikas Dubey and his associates are located in Kanpur and Lucknow. The ED’s investigations are still on in this case.