ED seizes property of suspended IAS Pradeep Sharma
September 30, 2014
Ahmedabad, 29 September 2014
Enforcement Directorate on Monday seized the property of suspended IAS officer Pradeep Sharma under the Prevention of Money Laundering Act (PMLA). It includes a piece of land in Dehgam village of Gandhinagar district and a bungalow in the state capital.The land in Dehgam is worth Rs 65 to 70 lakh while the bungalow itself is worth Rs 1 crore. ED attached the land and 35 per cent of the bungalow to arrive at Rs 1 crore figure.
Sharma is facing six criminal cases for corruption in Gujarat.
In March 2012, ED had registered a case against Sharma, a Gujarat-cadre officer, for allegedly selling government land to Kutch-based Welspun Group when he was the collector of Kutch in 2003-04 at a cheaper rate, causing a loss of Rs 1 crore to Gujarat government.ED also found that Sharma’s wife was made director of a packaging firm, which was indirectly connected with Welspun Group.To recover the loss, we have today seized his property worth Rs 1 crore.
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