HomeTop StoriesED attaches journalist Rana Ayyub's funds in cash laundering case

ED attaches journalist Rana Ayyub’s funds in cash laundering case

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ED attaches journalist Rana Ayyub’s funds in cash laundering case

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New Delhi: The Enforcement Directorate on Thursday (February 10, 2022) hooked up over Rs 1.77 crore price financial institution deposits of journalist Rana Ayyub in reference to a money-laundering probe towards her linked to alleged irregularities in charitable funds raised from public donors.
The company yesterday issued a provisional order below the Prevention of Cash Laundering Act (PMLA) to connect a Rs 50 lakh price mounted deposit and the remaining quantity saved as financial institution deposits and held in two accounts of a personal financial institution in Navi Mumbai.
The federal investigation company additionally revealed that Ayyub is the account holder and deposits totalling Rs 1,77,27,704 have been hooked up by the ED.
Journalist Rana Ayyub discovered herself within the middle of the cash laundering case after cognisance of a September 2021 FIR of Ghaziabad Police (Uttar Pradesh) associated to alleged irregularities in donor funds of over Rs 2.69 crore raised by her via a web based crowdfunding platform known as ‘Ketto’.
The police lodged the case on a grievance made by Vikas Sankrityayan, founding father of an NGO known as “Hindu IT Cell” and a resident of Indirapuram in Ghaziabad.
Ayyub had then acknowledged that the “total donation acquired via Ketto is accounted for and never a single paisa has been misused”.
As per the FIR, the funds in query had been raised as a part of three campaigns: funds for slum dwellers and farmers throughout April-Might 2020; reduction work for Assam, Bihar and Maharashtra throughout June-September 2020; and assist for Covid-19 impacted individuals in India throughout Might-June 2021.
“Funds totalling Rs 2,69,44,680 had been raised on Ketto by Rana Ayyub. These funds had been withdrawn within the financial institution accounts of her sister and father,” the company stated.
“Out of this quantity, Rs 72,01,786 was withdrawn in her personal checking account, Rs 37,15,072 was withdrawn in her sister Iffat Shaikh’s account, and Rs 1,60,27,822 was withdrawn in her father Mohd Ayyub Waquif’s checking account,” it stated.
The federal investigation company discovered that every one these funds had been subsequently “transferred” in Ayyub’s personal account.
Ayyub submitted paperwork of expense for Rs 31,16,770 to the ED, nonetheless, after verification of the claimed bills, the company discovered that the precise bills had been to the tune of Rs 17,66,970, the company acknowledged.
“Faux payments had been discovered to have been ready by Rana Ayyub within the identify of some entities to assert bills on reduction work. Bills made for private journey by air had been claimed as expense for reduction work,” it alleged.
The ED stated its probe “makes it abundantly clear that the funds had been raised within the identify of charity in a very pre-planned and systematic method, and the funds weren’t utilised utterly for the aim of which the funds had been raised”.
“As an alternative of utilising the funds for the reduction work, Rana Ayyub parked a few of the funds by opening a separate present checking account,” it stated.
Ayyub, it added, created the mounted deposit of Rs 50 lakh from the funds raised on the web platform and subsequently “didn’t utilise” these for reduction work.
The company discovered Ayyub “deposited a complete of Rs 74.50 lakh in PM Cares fund and CM Aid Fund.”
The attachment order of the ED might be challenged earlier than the Adjudicating Authority of PMLA.

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