The Enforcement Directorate attached immovable assets in the form of commercial and agricultural plots located at Narwal in Jammu and Bagla tehsil at Samba in a money laundering case.
The assets were attached worth Rs. 11.25 crore and belonged to Gurdeep Singh son of Harnam Singh, resident of Channi Himmat, Jammu.
ED informed that money laundering case was recorded against M/s Dutta Financers India Ltd and its Directors including Gurdeep Singh and others.
The Enforcement Directorate further said that the investigation in the money laundering case began in January 2014 against Directors and promoters of Dutta Financers India Ltd on the basis of FIR registered by Gandhi Nagar Police Station under Sections 406, 409, 420, 467, 468, 471 and 120-B of RPC, 1932 , investigated by the Crime Branch Jammu.
During the probe, it was revealed that Gurdeep Singh, Gurbachan Singh Dutta, Harpal Singh Dutta, Bhajan Kour and others were running different fictitious companies for taking huge deposits and subsequently duping them towards wrongful personal gains thereby causing loss to the public at large.