Disgraced CBI Officer's Assets Seized in Money Laundering Probe

The Enforcement Directorate has attached properties worth Rs 1 crore as part of a money-laundering investigation against former CBI officer Rajeev Kumar Rishi. Accused of acquiring disproportionate assets worth Rs 1.44 crore, Rishi allegedly used family members' bank accounts to launder illicit funds into property investments.

The Enforcement Directorate (ED) has seized residential properties valued at approximately Rs 1 crore in connection with a money-laundering investigation targeting former CBI Deputy Superintendent of Police Rajeev Kumar Rishi. This action is part of a broader probe into disproportionate assets linked to Rishi's tenure.

Rishi was initially charged by the Central Bureau of Investigation (CBI) under the Prevention of Corruption Act. The ED's statement details allegations that Rishi accumulated assets amounting to Rs 1.44 crore, registered in his name and those of his family members, which is 113.36 per cent more than his legitimate income from 2012 to 2021.

Rishi reportedly used bank accounts belonging to family members, including his wife's, to funnel and blend illicit funds into property acquisitions. The ED described these assets as 'proceeds of crime' obscured within Rishi's holdings, prompting the attachment order under Prevention of Money Laundering Act for properties in Delhi and Ghaziabad.