The ED launched a money laundering investigation based on the FIR and two charging sheets filed by the CBI.
Digital Desk: The Enforcement Directorate (ED) announced on
Thursday that it had attached immovable and movable assets totaling Rs 2.16
crore in connection with a money laundering case against Nava Diganta Capital
Services Ltd and its group companies.
The ED's case is against
its directors Anjan Kumar Baliyarsingh, Pradeep Kumar Pattnaik, Kartikeya
Parida, as well as former directors Ramachandra Hansdah (former MP of
Mayurbhanj in Odisha), Subarna Naik (former MLA of Keonjhar Sadar), and Hitesh
Kumar Bagartti (erstwhile MLA, Khariar, Nuapada district in Odisha).
According to the ED, these assets include movable assets in the
form of outlying balances totaling Rs 16 lakh held in 48 bank accounts at IDBI
and Indian Bank, as well as immovable assets in the form of two land parcels
totaling Rs 2 crore located in Narendrapur Mouza, Puri district (Odisha), and
Kaipadar Mouza, Khordha district (Odisha) (Odisha).
The ED launched a money
laundering investigation based on the FIR and two charging sheets filed by the
CBI.
The ED discovered that Nava Diganta Capital
Services Ltd. was collecting public deposits by issuing Redeemable Preference
Shares and Non-Convertible Debentures (income debentures and wealth debentures)
under the guise of paying higher interest by issuing money receipts and
certificates to that effect without any authorization from any regulatory
authority, including the RBI, SEBI, and others.
Nava Diganta Capital
Services Ltd. was found to have misappropriated the invested funds and diverted
them to its other group companies, Nava Diganta Projects Ltd. and Nava Diganta
Properties Ltd.
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