ED to take possession of Himachal CM’s assets
NEW DELHI: The ED will soon move to take possession of assets worth about Rs 8 crore of Himachal Pradesh Chief Minister Virbhadra Singh and his wife after a special anti-money laundering court here confirmed the agency’s provisional order in this regard.
The agency, in March this year, had ordered attachment of certain LIC policies, bank balances, a fixed deposit and two floors of a building in south Delhi’s posh GK-I area under the provisions of the Prevention of Money Laundering Act (PMLA).
“Considering the material in the original complaint, the replies and rejoinder and the arguments, I find that the properties provisionally attached in the name of D-2 (Pratibha Singh, wife of Virbhadra Singh) and D-1 (Virbhadra Singh) are involved in money laundering. I, therefore, hereby confirm the attachment of properties made under sub-section (1) of section 5 of PMLA. I, therefore, order that the said attachment shall continue during the pendency of the proceedings relating to offence under the PMLA before a court and become final after an order of confiscation is passed under…. PMLA by the special court,” an order issued on September 14 by Tushar V Shah, Member (Law) of the Adjudicating Authority of PMLA, said.