Enforcement Directorate attaches assets worth Rs. 78,96,700 in Ludhiana, Punjab

By Inder Vashisth

Enforcement Directorate has provisionally attached assets worth Rs. 78,96,700 of Sant Singhunder under the Prevention of Money Laundering Act, 2002 (PMLA) in a forgery and cheating case by M/s Seabird International Pvt. Ltd.The attached assets are in the form of land measuring 10.99 Acres in Village – Chaurpur, Samrala, Ludhiana.

ED initiated investigation on the basis of 02 FIRs registered by Punjab Police against Pirtpal Singh and Gurinder Singh under sections472, 473, 384, 420, & 120B of IPC 1860 and 30 of Arms Act, 1959. In the FIRs it was alleged that both the accused persons used fake and forged documents to obtain VISA for non-eligible candidates.

Proceeds of Crime (POC) to the tune of Rs. 7.56 Crore have been quantified. Movable / Immovable properties worth Rs. 6.92 Crore has already been attached, which was subsequently confirmed by Adjudicating Authority. With this present attachment total attachment has reached to Rs. 7.71 Crore. Prosecution Complaint against M/s Seabird International Pvt. Ltd, Pirtpal Singh andGurinder Singhwas filed and cognizance was taken by the Hon’ble Special Court on 23.06.2020.

Proceeds of Crime have been deposited into the account of Sant Singh, uncle of accused Gurinder Singh. Students, who were desirous of going abroad, had paid an amount of Rs. 78,96,700/- to Sant Singh, which is nothing but part of Proceeds of crime generated by M/s Seabird International Pvt. Ltd. & its directors i.e. Gurinder Singh and Pirtpal Singh. Further investigation is under progress.