ED Arrests BSF Commandment in A Money Laundering Case

Directorate of Enforcement (ED) has arrested Satish Kumar (the then commandment, 36- Battalion, BSF) in a money laundering case related to cattle smuggling at Indo-Bangladesh International Border. He had received Proceeds of Crime (POC) of Rs 12.8 Crore from Md Enamul Haque in the accounts of his wife & his father in law. This Proceeds of Crime was further laundered by purchasing immovable properties and Mutual Funds. He was produced before Hon’ble Rouse Avenue Court on 23.04.2022 and he has been remanded to ED custody for 3 days.

This is second arrest in this matter. Earlier, one accused Md. Enamul Haque had been arrested on 18-02-2022 by ED in this case and currently, he is in Judicial Custody. One Prosecution Complaint has also been filed in this case on 16.04.2022, before Hon’ble Rouse Avenue Court, New Delhi. The Hon’ble Court was pleased to take the cognizance of the said Prosecution Complaint on 19.04.2022. In the said Prosecution Complaint, 3 persons namely Md. Enamul Haque, Vinay Mishra and Vikas Mishra & 3 companies related to these individuals namely M/s Hoque Industries Pvt. Ltd., M/s Hoque Mercantile Pvt. Ltd. and M/s Anant Tradecom Pvt. Ltd. have been arrayed as accused.

ED initiated money laundering investigation on the basis of FIR dated 21.09.2020 registered by CBI against Satish Kumar, Md. Enamul Haque, Md. Anarul SK, Md. Golam Mustafa & other official of BSF and Indian Customs & unknown others for alleged commission of a cognizable offence u/s 120B of the IPC and Section 7, 11 & 12 of the P.C. Act, 1988. ED had registered a Money Laundering case on 25.09.2020, based on the above FIR. Total proceeds of crime related to the PC filed is Rs. 25 Crore in this case.

During the course of investigation in this PMLA case, 24 searches have been conducted so far. Till date properties worth more than 18.5 Crore has been attached in this case.

Further, investigation in the case is in progress.