ED started an investigation based on FIR.
The recovery Directorate (ED) facilitated the return of 3.82 GBP Crore reportedly fraudulent from the Karnataka State Waqf Council. Ed indicated this “significant step to restore the proceeds of crime (POC) to justified applicants”.
Ed launched an investigation on the basis of a company filed against two Vijaya and SyED officials, SyED Siraj Ahmed, assistant to the first division with the Karnataka State Waqf Council, for alleged money.
“In this case, the Board of Directors issued two checks on CRORE 4 GBP to open fixed deposits at Vijaya Bank. However, the money was siphone and converted to fictitious entities.
Ed issued an order for the Provisional Annex (PAO) totaling a total of 3.82 GBP. On March 31, 2017, Ed filed a complaint about a complaint (PC) before a special PMLA court in Bengalur against six individuals and entities, including Verkeys reality PVT. Ltd.
“The ED did not cause any objections when the judge of additional meetings considered the release of funds on the Karnataka State Waqf State Council – in this case the authorized applicant. Tuesday.
Published – 8 July 2025 9:25
