AMN
Enforcement Directorate today attached the assets of around seven crore rupees of Delhi based lawyer Rohit Tandon and others in post- demonetization scam. Few days back, the ED had attached the movable assets of around 42 crore rupees of Tandon and others under the Prevention of Money Laundering Act.
The assets were allegedly laundered through illegal money following demonetization of high value currency notes. In December last year, Income-Tax officials had recovered around 14 crore rupees from Tandon’s house in Delhi, of which 2.5 crore was in new currency notes.
Later, he was arrested by the ED in connection with the money laundering case. The agency suspects that he was instrumental in the illegal conversion of demonetized currency worth about 60 crore rupees in purported connivance with a Kolkata-based businessman and a Kotak Bank manager in Delhi.