Now, ED books trapped PCMM/NER under PMLA

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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).

Mr K. C. Joshi, suspended PCMM/NER

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 â‚č3 lakh from a #contractor.

https://twitter.com/railwhispers/status/1727234153140424985?s=46

As per information, the #CBI later recovered â‚č2.61 crore in cash during searches at his house and offices, and another â‚č1.40 crore from different bank accounts owned by him and his family members. Besides, jewellery worth â‚č60 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Sources also say that Mr Joshi had withdrawn almost no amount of money from his #salary-account of the bank for the last several years, hence it is also a matter of #investigation before the investigating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 â‚č5 lakh from him. The CBI’s #FIR further stated the #complainant alleged that the accused demanded another â‚č7 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.

Source: “Now, ED books tainted Gorakhpur railway official”