ED takes possession of Koda aides' properties
Jan 24, 2014
Source : The Times of India

 

JAMSHEDPUR: An Enforcement Directorate team on Wednesday took possession of properties owned by two associates of former chief minister Madhu Koda.

The six-member team, led by Harish Kumar, took possession of two under-construction malls, one in Burmamines belonging to Anil Adinath Vastavade, and the other in Bistupur owned by Mano B Punamiya.

Vastavade's mall is spread over 2.65 acres and Punamiya's property is coming up over 1.89 acres of land. "Previously, we had attached the properties (and) today we took possession of them," said Kumar.

Kumar said the two properties could not be sold before court's judgment. Sources in ED said even after the properties were attached two years ago, work was still in progress at the site and so it had to take possession of the malls.

"We have put up a public information notice at the two buildings that sale or purchase of the two is not permissible till such time case against the two accused is settled in the court," said an ED official.

Vastavade and Punamiya are alleged hawala operators and key suspects in the money laundering scam in the state.

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