Directorate of Enforcement (ED), Indore Sub-Zonal Office has provisionally attached immovable properties valued at Rs. 39.91 Lakh under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in the case of Chetan Patil, former employee of Indore Municipal Corporation (IMC) on 02.02.2026. The properties are in the form of plot and residential building held in the name of Chetan Patil and his wife Jyoti Patil.
ED initiated investigation on the basis of FIR registered by the Economic Offence Wing (EOW), Indore, under Sections 7, 13(1)(b) and 13(2) of the Prevention of Corruption Act, 2018, (which are scheduled offences under the PMLA) for accumulating assets disproportionate to his known sources of income to the tune of Rs. 1.38 Crore (approx.) during the period from July 01.10.1998 to 12.04.2023, which were grossly disproportionate to his known lawful income of Rs. 55.11 Lakh.
During the investigation under PMLA, 2002, it was found that the Proceeds of Crime were allegedly laundered through multiple bank accounts held in the name of Chetan Patil and a proprietorship concern M/s Nagrodh Architect Engineers and Infrastructure, in the name of his wife. The firm was found to have no genuine business activity and was allegedly used for routing unexplained cash deposits and layering of funds. The tainted funds were further utilised for acquisition of immovable properties, repayment of housing loans, LIC premia and other personal expenditures, indicating placement, layering and integration of Proceeds of Crime.
The current market value of the properties provisionally attached by ED, Indore, exceeds Rs. 80 Lakh.
Further investigation is under progress