New Delhi, April 30 (IANS) A special court in Imphal has taken cognizance of the ‘prosecution complaint’ filed by the Enforcement Directorate (ED) against separatist leader Narengbam Biswajit Singh and others under the provisions of the Prevention of Money Laundering Act (PMLA).
According to an ED official, the court on Monday took cognizance of the ‘prosecution complaint’ against Narengbam Samarjit Singh, Akoijam Deepa Anand, Elangbam Brojendro Singh, Tourangbam Tikendra Singh and others under the provisions of the anti-money laundering act.
Separatist leader Narengbam Samarjit Singh was among the accused, who declared the “independence” of Manipur from India and formed “Manipur State Council” in London on October 29, 2019.
The financial probe agency had initiated the probe in the case on the basis of an FIR registered by the National Investigation Agency (NIA) in 2019.
The ED’s ‘prosecution complaint’ also named SMART Society, Salai Mart Private Limited and Salai Agri Consortium Private Limited.
The official said that during investigation it was found that Narengbam Samarjit Singh was the Chairman and Managing Director of Salai Group of Companies and SMART Society.
“He along with his associates Elangbam Brojendro Singh and Akoijam Deepa Anand had illegally collected huge sum of money and cheated the public by offering 36 per cent annual returns on the deposits made to Salai Group of Companies or SMART Society without any legal authority,” the official said.
The official further said that these illegally collected funds were laundered by Narengbam Samarjit Singh and his associates through various companies of the Group.
–IANS
ssh/sha
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
