ED attaches assets worth Rs 3.35 cr of former Bangalore corporator

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ED conducts raids in cattle smuggling case in Bengal
ED conducts raids in cattle smuggling case in Bengal

New Delhi, Aug 2 (UNI) The Enforcement Directorate (ED) on Tuesday said that they have at- tached immovable as- sets to the tune of Rs 3.35 crore in the case of Controller General of Accounts (CGA) Gowramma, Ex-Corporator (Azad Nagar), Bangalore in a Disproportionate Asset case. The ED initiated an investigation into the money laundering case on the basis of a charge sheet filed by Karnataka Lokayukta Police, against Gowramma and her husband C. Govindraju for the offense committed under Section 13(1)(e) read with 13(2) of the Prevention of Corruption Act, and Section 120(B) of Indian Penal Code.

The ED learned through the investigation that Gowramma while being corporate, misused her official position and generated proceeds of crime in collusion with her husband Govindaraju and laundered the generated proceeds of crime by crediting the same to their bank accounts and by acquiring various im- movable properties. The ED has alleged that the accused have acquired disproportionate assets to the tune of Rs. 3.46 Crore during the check period from FY 2010-11 to FY 2012-13. The immovable properties thus identified include agricultural land, residential plots as well as commercial sites.