Guwahati: The Directorate of Enforcement (ED) has blocked bank accounts, recurring deposits, and fixed deposits with a balance of Rs 3.95 crores in the Trans Arunachal Highway Project case.
The ED’s action came after two search operations were carried out in Arunachal Pradesh on Tuesday in connection with an inquiry into the Trans Arunachal Highway Project under the authority of the Prevention of Money Laundering Act (PMLA), 2002.
The ED opened a money laundering investigation on the basis of a FIR dated February 2, 2019, filed by the Special Investigation Cell (vigilance) in Itanagar, Arunachal Pradesh, under various sections of the Indian Penal Code (IPC), 1860, and sections 13(1)(a) and 13(2) of the Prevention of Corruption Act, 1988.
The FIR revealed that the Trans Arunachal Highway Project’s compensation monies were misused by several government officials who conspired with some private individuals.