Special Court takes cognisance of three major ED cases

Enforcement Directorate (ED) filed a prosecution complaint (PC) against former deputy director of Mines and GeologyGuntur Yadavalli Naga Raja Vara Prasad in the special court on March 26. The court took cognisance of the complaint on Tuesday.

A probe was initiated by the ED earlier based on an FIR registered by the ACB, in which it attached movable and immovable properties to the tune of ₹2.06 crore in the name of the accused and his family under Prevention of Money Laundering Act 2002.

In another such case, the ED filed a PC against Sappa Ramakrishna Das, the then SubRegistrar, Dwarkanagar, Visakhapatnam, in a special court, on March 21. The court took cognisance of the complaint on Tuesday.

A probe was initiated by ED and it attached movable and immovable properties to the tune of ₹1.85 crore in the names of the accused and his family.

The ED, Hyderabad Zonal office, had filed a PC against Pinninti Subramanya Srinivas in the special court, Vizag, on February 29, which was taken up on Tuesday. ED initiated an investigation on the basis of a Letter Rogatory received from the Embassy of Qatar in New Delhi in August 2020, alleging that he had accepted bribes in Qatar by abusing his official position and remitted the proceeds thus generated to his bank accounts in India.

In the probe that followed, ED attached movable and immovable properties to the tune of ₹1.40 crore in the name of the accused. “While working as Head of Buyer Department in M/s. AI Meeraee Consumer Good Company at Doha, he abused his official position and received bribes from suppliers for undue favours to them causing heavy losses to the said company and amassed huge illgotten money, utilised for the acquisition of immovable properties and investments in mutual funds, LIC polices,” an official said.