SRINAGAR: Enforcement Directorate Tuesday confiscated assets worth Rs 60 lakh belonging to Mushtaq Ahmad Pir, former Chairman Board of Professional Entrance Examination (BOPEE) and the main accused in Common Entrance Test (CET)Paper Leak Scam of 2012.
The assets that have been attached by the ED includes a plot of five marlas with shed at lane number 11 at Sidra Jammu, flat number 4, upper ground floor building number 125 block A at Freedom Fighter Enclave, Neb Sarai near gate number 2 at New Delhi and flat number 2/2A at Custodian General flat situated at Wazarat Road Jammu.
The value of this attached property as per ED officials is estimated at Rs 50 lakh. However, sources said that the market value of the these assets would be many times higher than this.
Besides, attaching immovable property of the tainted official, Enforcement Directorate has also seized his bank accounts and the cash up to the tune of Rs 10 lakh lying with different banks.
ED officials said that Peer had opened a bank account vide number 041510000002228 at HDFC Bank, Residency Road Srinagar and all the cash lying in the bank was seized. Besides, one bank account vide number 04151530005241in the same bank belonging to his daughter, Iqra Mushtaq was also seized.
ED official said that Pir had used the bank account of his daughter to transfer the money.
ED officials further said that they had called the wife of the official for questioning but it was found that she owned a small property.
During investigation it was revealed that the broker Farooq Itoo had earned Rs 73 lakhs from the CET paper selling scam out of which he had paid Rs 60,000 to the Mushtaq Ahmed Pir.
The officials said that all the assets were attached under section 5 of the Prevention of Money Laundering Act while ED reserves the right to arrest the Mushtaq Pir under section 4 pf the PMLA for further questioning after he gets released from the Central Jail.
Earlier ED had interrogated Pir and his two accomplices to establish that they received proceeds of the crime, a pre requisite before confiscating the ill gotten assets.
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