India's enforcement directorate today said it has attached more than 17 crore rupees bank deposits in connection with its case of alleged money laundering against two entities of Amnesty International (India). The agency said in a statement that a provisional order has been issued under the Prevention of Money Laundering Act (PMLA) "attaching bank accounts of Amnesty
Read more about ED attaches over Rs 17-cr assets of Amnesty International India on Business Standard. The investigating agency said in a statement that a provisional order has been issued under the Prevention of Money Laundering Act
Money Laundering Case: ED Attaches Rs 17 Cr Assets Of Amnesty International India
The assets belong to two entities of Amnesty International Amnesty International India Pvt Ltd (AIIPL) and Indians for Amnesty International Trust (IAIT) File Photo Outlook Web Bureau 2021-02-16T21:00:25+05:30 Money Laundering Case: ED Attaches Rs 17 Cr Assets Of Amnesty International India outlookindia.com 2021-02-16T21:07:07+05:30
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The Enforcement Directorate on Tuesday said it has attached Amnesty International India’s assets worth Rs 17 Crore in connection with a money laundering case.
The central agency alleged that two entities of Amnesty International Amnesty International India Pvt Ltd (AIIPL) and Indians for Amnesty International Trust (IAIT) acquired various proceeds of crime and “layered the same in the form of various movable properties”.
ED attaches over ₹17cr Amnesty India assets in money laundering case
India
Published: Wednesday, February 17, 2021, 0:09 [IST]
New Delhi, Feb 16:The Enforcement Directorate on Tuesday said it has attached over Rs 17 crore bank deposits in connection with its money laundering case against two entities of Amnesty International (India), the global human rights watchdog.
The agency said in a statement that a provisional order has been issued under the Prevention of Money Laundering Act (PMLA) attaching bank accounts of Amnesty International India Pvt Ltd (AIIPL) and Indians for Amnesty International Trust (IAIT) .
It said both the entities have acquired the proceeds of crime and layered the same in the form of various movable properties. The order involves attachment of movable properties worth of Rs 17.66 crore being proceeds of crime .