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ED moves court for Seashore assets attachment

Bhubaneswar, Sep 30: The Enforcement Directorate (ED) on Friday moved court seeking permission to attach the Seashore Group’s properties worth Rs 9.60 crore here, sources said.

The ED, , probing the multi-crore chit fund scam, formally approached the Khurda District and Sessions Judge Court to this effect to attach two plots in Bhubaneswar and Angul worth Rs 9 crore of the tainted company and bank deposits of Rs 60.57 lakh in name of Seashore chief Prashant Dash and his brother.

Earlier on two occasions, the ED had confiscated Rs 242 crore worth of property of the tainted money circulation company.

The ED on March 31 had requested the Khurda District and Sessions Court, designated under the Prevention of Money Laundering Act, 2002, to confiscate property worth Rs 242 crore of Seashore.

Prashant Dash is now lodged at the Jharpara Special Jail.

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