ED attaches assets of Chhattisgarh man who used DeMo currency received from Naxals
New Delhi Feb 18 PTI An agricultural land worth over Rs 29 lakh has been attached under the anti-money laundering law in a case linked to alleged acceptance of demonetised currency from Naxals by a Chhattisgarh-based man the ED said on FridayThe attached land located in the Rajnandgaon district of the Left Wing Extremism LWE affected state is held in the name of Ashvini Varma and his younger brother Tamesh Varma it said in a statementAshvini Varma received demonetised currency from Naxalites and gave this money to different personslocal farmers against purchase of grains and agricultural products the Enforcement Directorate ED saidLater it said grains or agricultural products so purchased by Ashvini Varma were sold and the money was allegedly received by him Ashvini Varma invested this money in the purchase of a agriculture land at a cost of Rs 2975000 at Rajnandgaon which has now been attached after the ED issued a provisional order under the Prevention of Money Laundering Act PMLAThe agency booked the accused taking cognisance of an October 2018 FIR filed by the state police under various sections of the Unlawful Activities Prevention Act UAPA and for assisting a banned Naxal organisation it said The demonetisation of two high-value currencies of Rs 1000 and Rs 500 was announced by Prime Minister Narendra Modi in November 2016 PTI NES ANB ANB
New Delhi Feb 18 PTI An agricultural land worth over Rs 29 lakh has been attached under the anti-money laundering law in a case linked to alleged acceptance of demonetised currency from Naxals by a Chhattisgarh-based man the ED said on FridayThe attached land located in the Rajnandgaon district of the Left Wing Extremism LWE affected state is held in the name of Ashvini Varma and his younger brother Tamesh Varma it said in a statementAshvini Varma received demonetised currency from Naxalites and gave this money to different personslocal farmers against purchase of grains and agricultural products the Enforcement Directorate ED saidLater it said grains or agricultural products so purchased by Ashvini Varma were sold and the money was allegedly received by him Ashvini Varma invested this money in the purchase of a agriculture land at a cost of Rs 2975000 at Rajnandgaon which has now been attached after the ED issued a provisional order under the Prevention of Money Laundering Act PMLAThe agency booked the accused taking cognisance of an October 2018 FIR filed by the state police under various sections of the Unlawful Activities Prevention Act UAPA and for assisting a banned Naxal organisation it said The demonetisation of two high-value currencies of Rs 1000 and Rs 500 was announced by Prime Minister Narendra Modi in November 2016 PTI NES ANB ANB
