ED Attaches Ex-IPS Officer’s Rs 53cr Assets
The ED said Dutta and his wife amassed assets worth Rs 79 crore against a combined disclosed income of Rs 7.23 crore and expenditure of Rs 9.04 crore.
New Delhi: The Enforcement Directorate has attached properties worth Rs 53.28 crore in a money laundering case against retired Assam-cadre IPS officer Prasanta Kumar Dutta, the agency said on Saturday.
Dutta retired as a deputy inspector general of Assam Police in 2019. The provisionally attached assets include four hotels in Guwahati and two flats in Samartha Deep, Andheri West, Mumbai.
The case stems from an FIR filed by the Assam Anti-Corruption and Vigilance Bureau, which alleged that Dutta amassed assets disproportionate to his known sources of income between 1992 and 2019.
The ED said Dutta and his wife amassed assets worth Rs 79 crore against a combined disclosed income of Rs 7.23 crore and expenditure of Rs 9.04 crore.
The agency alleged that Dutta laundered the money through three companies, including Ishan Commercial. It said Dutta had 3.70 lakh shares of Ishan Commercial transferred in 2022-23 from dummy shareholders to himself, making him the company’s largest shareholder.
Ishan Commercial is the beneficial owner of three of the four attached hotels, the ED said.