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ED attaches AJL's Panchkula plot under PMLA

ANI  |  New Delhi [India] 

The (ED) has attached an institutional plot belonging to the Associated Journals Ltd (AJL) in Panchkula under the Act (PMLA) in connection with the alleged land case.

"Since the value of plot fraudulently allotted (AJL) has represented proceeds of crime, the ED has attached plot under Act by passing an order under section 5 of Act on 01.12.2018," the ED said in an official statement issued on Monday.

The (CBI) had, on Saturday, filed a charge sheet against former and for alleged fraudulent of land to AJL in 2005.

As a sequel to the FIR lodged by the CBI, a case was registered by the ED under the by filing an ECIR in 2016. The CBI had filed the charge sheet in the competent court on December 1.

Investigation by the ED has revealed that Plot No. C-17, Sector 6, Panchkula was allotted to the AJL in the year 1982 as per the request of the company to start Nav-Jivan newspaper. As the AJL did not comply with the terms and conditions of the allotment, the Estate Officer, HUDA, Panchkula ordered to resume the said plot on the ground that the allottee, that is, AJL, violated the requisite terms and conditions of the letter by not starting the construction and completing the same within the stipulated period.

Against this order, AJL filed an appeal before the Chief Administrator, HUDA and the dismissed the appeal on January 3, 1995. Against this order, the AJL preferred Revision Application before the to Government Haryana, Town and Country Planning Department, Haryana, (TCP) who also dismissed the same on October 10, 1996. After the dismissal of the revision petition, the Resumption Order attained finality. Thereafter, AJL tried to get the plot restored during the tenure of Bansi Lal, the then of However, the request was declined by him.

Further, the ED said Hooda granted undue extensions thrice to M/s AJL for construction on the said plot. The AJL, after the acquisition of the said plot, projected it as untainted property and further acquired loans from the by way of mortgaging the same from time to time, it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 03 2018. 20:30 IST
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