• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

IRS Officer Remanded To ED Custody Till July 5

OMMCOM NEWS by OMMCOM NEWS
June 28, 2023
in Nation

New Delhi:  The Enforcement Directorate (ED) said on Wednesday that Sachin Balasaheb Sawant, Additional Commissioner of Customs, IRS (Customs and Central Excise), who was arrested in connection with a case under the Prevention of Money Laundering Act (PMLA), has been remanded to ED custody by a special Mumbai court till July 5.

The ED initiated the PMLA investigation based on an FIR registered under the Prevention of Corruption Act by the CBI.

It was alleged that during the investigation, Sawant amassed assets disproportionate to his known and legal sources of income.

“During the ongoing PMLA investigation, it was revealed that cash deposits totalling around Rs 1.25 crore were made from unexplained sources into the personal bank accounts of Sawant’s family members and into the bank account of a dummy company, where his father and brother-in-law were directors. It was discovered that immovable property was purchased in the name of the said dummy company with the source of funds claimed to be personal loans and other bank loans, the repayments of which were also made in cash,” said the official.

Although the flat was registered under the name of the dummy company, it was found that Sawant was the actual owner and occupant of the said flat.

In order to trace the proceeds of the crime, Sawant was arrested by the ED on June 27 and subsequently produced before the Special PMLA Court in Mumbai, where the custody of Sawant was granted to the ED until July 5.

(IANS)

Tags: Enforcement Directorate
ShareTweetSendSharePinShareSend
Previous Post

India’s Third Moon Mission Slated Between July 12-19, Lander Modified

Next Post

Won’t Allow BJP To Divert Attention From Public Issues: Rahul On Price Rise Amid Modi’s UCC Pitch

Related Posts

Nation

‘There Will Be A Price To Pay For Terror Attacks Like Pahalgam’, Says Shashi Tharoor In US

June 6, 2025
Nation

Lucknow Toddler Rape Case: Accused Killed In Encounter With UP Police

June 6, 2025
Nation

David Attenborough To Explore Marine Secrets, Threats In World Oceans Day Documentary

June 6, 2025
Ashwini Vaishnaw
Nation

‘Dreams Of Generations Will Come True’: Ashwini Vaishnaw On Eve Of Chenab Bridge Opening By PM Modi

June 6, 2025
Nation

Committed To Speed Up India-EU FTA, Seek Stronger Trade Ties With Italy: Piyush Goyal

June 6, 2025
Kailash Vijayvargiya
Nation

Madhya Pradesh Minister Courts Controversy On ‘Short Dress’ Remarks

June 6, 2025
Next Post

Won't Allow BJP To Divert Attention From Public Issues: Rahul On Price Rise Amid Modi's UCC Pitch

Govt Postpones Implementation Of Increased Tax On Credit Card Payments On Foreign Tours

Wagner Boss Planned To Capture Top Russian Army General, Defence Minister

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.