The Enforcement Directorate (ED) has seized 35 immovable properties worth Rs 56.56 crore belonging to the banned radical organization Popular Front of India (PFI).
These properties are in the names of his various trusts, firms and individuals.
According to a statement issued by the central probe agency on Friday, 19 immovable properties worth Rs 35.43 crore and 16 immovable properties worth Rs 21.13 crore (total 35 immovable properties worth Rs 56.56 crore) were seized.
The ED in its statement alleged that its investigation has revealed that PFI officials, members and cadres are transferring funds from India and abroad through banking channels, hawala, donations etc. to carry out and finance terrorist acts in India. Were conspiring to collect.
According to the ED, the funds raised by PFI through illegal means in India and abroad are allegedly being stashed away across the country located in Kerala, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Maharashtra, Bihar, West Bengal, Assam, Jammu and Kashmir and Manipur. Deposited in 29 bank accounts.
The ED claimed that the money collected by PFI through illegal means and fake donors in cash or through bank accounts qualifies as proceeds of crime, amounting to Rs 94 crore. So far, 26 PFI members and activists have been arrested by the ED and 9 prosecution complaints have been filed in the period February 2021 to May 2024.
The Enforcement Directorate said in its investigation that PFI has more than 13,000 active members in Singapore and the Gulf countries including Kuwait, Oman, Qatar, Saudi Arabia and UAE.
The agency said PFI had formed well-defined District Executive Committees (DECs) for Muslim expatriates living in the Gulf countries, who were tasked with fund collection.
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