ED Snares Former UP Minister's Illicit Wealth in Money Laundering Probe
The Enforcement Directorate has provisionally attached Rs 60 lakh worth of bank deposits in a money laundering investigation targeting former Uttar Pradesh minister Gayatri Prajapati. Accused of acquiring disproportionate assets during his tenure, Prajapati allegedly laundered funds through fictitious transactions and family accounts, with previous attachments exceeding Rs 50 crore.
- Country:
- India
The Enforcement Directorate (ED) announced a significant breakthrough in its ongoing money laundering investigation targeting former Uttar Pradesh minister Gayatri Prajapati, with assets worth Rs 60 lakh provisionally attached.
The attached bank deposits belong to Prajapati's son, Anil Kumar Prajapati, in an account held by Balaji Corporation Pvt. Ltd. The funds were reportedly linked to a real estate project in Mumbai.
This development is part of a broader probe into Prajapati's alleged misuse of his official position to amass wealth far exceeding his known income sources. The ED claims that the illicitly acquired funds were laundered through various means, including sham transactions and family accounts.
(With inputs from agencies.)
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