ED probe
ED attaches property of retired IT additional director in disproportionate assets case
New Delhi/IBNS: The Enforcement Directorate (ED) Monday said it has attached immovable property worth Rs 7.33 crore linked to the disproportionate assets case registered against income tax additional director Andasu Ravinder, who was compulsorily retired from service by the Finance Ministry.
The ED initiated a money laundering probe based on an FIR registered by the Central Bureau of Investigation (CBI) against Andasu Ravinder, who along with his wife Kavitha Andasu in collusion with other accused amassed wealth in his name from 2005 to 2011.
"ED has provisionally attached immovable property valued at Rs.7.33 Crore under the provisions of the PMLA, 2002 relating to the disproportionate assets case registered against Shri Andasu Ravinder, Additional Director of Income Tax who was compulsorily retired from service," ED tweeted.
ED has provisionally attached immovable property valued at Rs.7.33 Crore under the provisions of the PMLA, 2002 relating to the disproportionate assets case registered against Shri Andasu Ravinder, Additional Director of Income Tax who was compulsorily retired from service.
— ED (@dir_ed) October 3, 2022
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