Bengaluru: The Enforcement Directorate (ED) has attached the immovable properties of former Corporator and history-sheeter C. Mahadesh alias Avva Madesha (in pic) and his brother C. Manju in Mysuru. The properties are worth Rs. 5.35 crore.
The ED has issued a provisional attachment order under the provisions of the Prevention of Money Laundering Act 2002.
In a press release issued on July 12 (yesterday), the ED officials have stated that the Assistant Commissioner of Police of Narasimharaja Division in Mysuru Commissionerate had registered an FIR against Mahadesh, Manju and others in a murder case. Subsequently they were charge-sheeted.
In a similar offence registered by Hunsur Town Police Station, Mahadesh and Manju were sentenced for life and presently lodged in Central Prison, Bellary. On the basis of the FIR and Court judgement, an investigation was taken up by the Enforcement Directorate, the release stated.
“During the investigation, an offence of money laundering has been made out against Mahadesh, Manju and others and it has been revealed that they have earned huge money through extortion, criminal conspiracy, criminal intimidation and murder,” the release stated.
“They have laundered the said illegally-earned tainted money in the form of investment in immovable properties in their names and also in the names of their family members to project the said proceeds of crime as untainted money. The attached immovable properties are in the form of land and buildings located in various places of Mysuru City and their fair market value is of Rs. 5.35 crore. Further investigation is under progress,” the release added.
This post was published on July 13, 2017 6:58 pm