Now, ED books trapped PCMM/NER under PMLA
Arrested on September 12, 2023 by the #CBI in a #Corruption case, a senior railway official in Gorakhpur is now under the scanner of another central agency for alleged money laundering
The Principal Chief Materials Manager (#PCMM) of the North Eastern Railway (#NER) in Gorakhpur, Mr #KCJoshi, now in suspension, has been booked by the Enforcement Directorate (#ED) under the Prevention of Money Laundering Act (#PMLA).
On September 12, 2023, PCMM/NER Mr K. C. Joshi was arrested by the anti-corruption wing of the Central Bureau of Investigation, Lucknow unit for allegedly taking a bribe of ₹3 lakh from a #contractor.
https://twitter.com/railwhispers/status/1727234153140424985?s=46
As per information, the #CBI later recovered ₹2.61 crore in cash during searches at his house and offices, and another ₹1.40 crore from different bank accounts owned by him and his family members. Besides, jewellery worth ₹60 lakh was recovered during the searches.
Sources also say that Mr Joshi had withdrawn almost no amount of money from his #salary-account of the bank for the last several years, hence it is also a matter of #investigation before the investigating agency that during this period how he was managing his home expenses?
#ED officials in Lucknow said the #PMLA case was registered on the grounds of recoveries of such big amounts of cash and jewellery from Mr Joshi. They said the #CBI had earlier registered an #FIR under section 7 of the Prevention of Corruption Act (#PCA) for accepting #gratification other than lawful remuneration, at the #CBI-ACB Lucknow unit on the complaint of #PranavTripathi, the proprietor of M/s Sukti Associates.
The #CBI had laid a #trap after the complainant said Mr Joshi had demanded ₹5 lakh from him. The CBI’s #FIR further stated the #complainant alleged that the accused demanded another ₹7 lakh from him so as not to cancel the #registration of his firm from the #GEM (Government e-Marketplace) portal, which is meant for #procurement of goods and services for all central and state governments’ ministries and departments.