The Directorate of Enforcement (ED) has filed a Prosecution Complaint (PC) under the Prevention of Money Laundering Act (PMLA), 2002, before the Special PMLA Court in Saket, New Delhi. The complaint targets M/s Tarbia Education Foundation and three individuals: Jawad Ahmad Siddiqui, Vinod Kumar, and Shriom Chauhan. The case involves an alleged multi-crore land grabbing and forgery scheme.
Background of the Investigation
The ED initiated the probe based on FIRs registered by the Delhi Police under various sections of the Indian Penal Code. These FIRs relate to the fraudulent acquisition of land with Khasra No. 792 in Village Madanpur Khadar, New Delhi. According to the ED, the accused individuals had been arrested earlier during the money laundering investigation.
Forged Documents and Conspiracy
The investigation uncovered a conspiracy involving forged and fabricated documents. These included fake General Powers of Attorney (GPAs) and other title papers that were allegedly used to illegally transfer the land to M/s Tarbia Education Foundation. The GPAs in question were purportedly dated January 7, 2004. However, the ED discovered that several original landowners, whose signatures and thumb impressions appeared on these documents, had died decades before 2004. This indicates that the documents were fabricated.
The ED further alleged that Jawad Ahmad Siddiqui, along with the other accused, conspired to forge signatures and thumb impressions of the original landowners to unlawfully grab the property. The investigation also revealed that the forged GPAs were actually prepared during 2012-13, shortly before the property was transferred to the foundation.
Banking Transactions and Cash Dealings
According to the agency, Siddiqui created a facade of banking transactions in connivance with the co-accused. This was done to portray the illegal land deal as a legitimate transaction. Investigators also detected large-scale cash transactions allegedly linked to the illegal acquisition of the land.
Quantification of Proceeds of Crime
The ED has quantified the proceeds of crime in the case at Rs 47.76 crore. The agency has also attached the disputed land, valued at approximately Rs 45.84 crore. The ED alleges that the land was illegally held by Jawad Ahmad Siddiqui and M/s Tarbia Education Foundation.
The ED stated that further investigation in the case is underway.
