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The Enforcement Directorate (ED) has taken possession of 19 properties in Goa, situated in Anjuna and Assagao, in connection with an alleged land grab case under the Prevention of Money-Laundering Act (PMLA). The seizure followed a provisional attachment confirmed by the adjudicating authority, barring all related transactions or transfers. The ED directed occupants to vacate the premises within ten days and deposit any lease or rent proceeds with the agency. These actions aim to maintain the integrity of the properties for further legal proceedings.
The Enforcement Directorate (ED) recently seized 19 properties located in Anjuna and Assagao as part of an investigation into an alleged land grab case. Of these, 11 properties are in Anjuna, with the remaining eight in Assagao and these are valued at several crores. Advertisement
The ED provisionally attached these properties under Sub-section (1) of Section 5 of the Prevention of Money-Laundering Act (PMLA), 2003. The provisional attachment was authorised by the deputy director of the ED's Panaji zonal office and later confirmed by the adjudicating authority constituted under Section 6 of the Act.
In accordance with Sub-section (4) of Section 8 of the PMLA, the ED took possession of the properties, declaring them to remain under its control until further directives are issued. All concerned parties have been instructed to preserve the properties without any alterations or transactions.
Deputy Director I.N. Asha emphasised that no party is permitted to transfer or encumber the properties through sale, mortgage, or any other means. Likewise, individuals are prohibited from acquiring these properties by purchase, gift, or other methods.
The ED further directed any occupants to vacate the premises within ten days as per Rule 5(2) of the Prevention of Money-Laundering (Taking Possession of Attached or Frozen Properties Confirmed by the Adjudicating Authority) Rules, 2013. It also mandated that any rent or lease income generated from the properties must be deposited with the ED in line with Rule 5(3).
The ED's decisive action in seizing these properties highlights its commitment to addressing financial irregularities under the Prevention of Money-Laundering Act. By imposing strict prohibitions on property transactions and ensuring the secure handling of rent or lease revenues, the agency aims to maintain the integrity of the ongoing investigation. These measures underline the seriousness of the case and the importance of due legal compliance in protecting public interest.
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