ED attaches fresh assets in PMLA case against UP-based bike taxi aggregator
The Enforcement Directorate on Thursday said it has attached fresh assets worth more than Rs 5 crore as part of a money laundering investigation against an Uttar Pradesh-based bike taxi aggregator and its promoters.
A provisional order under the Prevention of Money Laundering Act (PMLA) has been issued against the company, Hello Ride Limited, its directors, presidents, agents and others, the ED said in a statement.
The attached properties, which include agricultural land and plots, are located in Prayagraj, Kanpur and Lucknow in Uttar Pradesh. The total value of these properties is Rs 5.35 crore, it said.
The ED had earlier frozen properties worth Rs 2.38 crore in this case and the total attachment now stands at Rs 7.73 crore.
The money laundering case stems from about three dozen FIRs filed by the Uttar Pradesh Police against the company and its promoters Abhay Kumar Kushwaha, Neelam Verma, Nikhil Kushwah, Rajesh Pandey, Shaqeel Ahmad, Ragini Gupta and others.
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