Properties of late Congress leader Ahmed Patel’s son-in-law, actors Dino Morea along with Sanjay Khan and DJ Aqeel were been attached by the Enforcement Directorate on Friday. As reported by the Press Trust of India which is a news agency, related to bank fraud, the development comes in connection with a money laundering case.
In bank loan frauds, the money laundering case allegedly involves an amount of ₹14,500 crores. The amount is greater than the fraud committed by Nirav Modi, the fugitive businessman who was the chief beneficiary of an amount of ₹11,400 crores in the Punjab National Bank scam, as said by the Enforcement Directorate.
To attach properties of the four aforementioned persons, under the PMLA, four separate preliminary orders have been issued, as mentioned by the Enforcement Directorate. While ₹8.79 crore is the value of the property The value of attachment of assets for Dino Morea is around ₹1.4 crore and Sanjay Khan is ₹3 crore while for Aqeel Abdulkhalil Bachooali who is popularly known as DJ Aqeel is ₹1.98 crores. For the late Congress leader Ahmed Patel’s son-in-law, Irfan Ahmed Siddiqui, it is ₹2.41 crores.
Three vehicles, shares, mutual funds and several bank accounts were included in the assets seized, according to the agency. The proceedings of the bank loan fraud are said to have been diverted to these four people by the Sandesara brothers. While the four accused were being questioned by the central investigating agency earlier.