Ponzi, mining scam cases: ED attaches assets worth Rs 485 cr

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Enforcement Directorate (ED) today issued a string of orders attaching assets to the tune of about Rs 485 crore of three mining companies and a chit fund firm in connection with its money laundering probes in Odisha.

In the first case, the agencys Kolkata zonal office, under which Odisha falls, issued orders attaching assets worth Rs 400 crore of three firms, their owners and associates in the Uliburu mining scam case which was also probed by Justice (retd) M B Shah Commission for alleged financial irregularities and corruption.

The agency, sources said, attached a number of immovable and movable assets of the accused firms in the case like Deepak Steel, Deepak Steel and Power and Sneh Pushp and their directors like Deepak Kumar, Champak Gupta and Haricharan Gupta and a few others.

The assets attached under the provisions of Prevention of Money Laundering Act (PMLA) in this case largely include land and buildings spread across Odisha and Kolkata. The orders in this regard were issued to the accused in the case today, sources said.

The case pertains to Uliburu mines area located in Joda mining circle in Keonjhar district of the state where large scale alleged irregularities were detected by the state mines department a few years back.

Justice Shah Commission, which probed a number of mining scam cases in Odisha and Goa, had termed this particular case as one of the biggest illegal mining ever and recommended a CBI probe into the matter.

ED had slapped PMLA charges after taking cognisance of the FIR filed in this regard by the Vigilance wing of the Odisha Police in 2012.

The agency had also arrested two persons in this case-- prime accused Deepak Gupta and his associate S Rout.

The Special Investigation Team (SIT) on black money had been reviewing the case for appropriate action to be taken by probe agencies like ED. Odisha Vigilance department earlier had filed a charge sheet in this case against 23 persons and 2 firms in a special court in Keonjhar.

Deepak Gupta, the power of attorney holder of Uliburu mines in Odisha's Keonjhar district, was charged by the Vigilance with having raised ore from the reserve forest area adjacent to the mines by shifting the lease boundary.