Friday, March 29, 2024

Former IAS officer Babulal Agarwal attached assets worth Rs 27.86 crore

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Ex-Chhattisgarh IAS officer Babulal Agarwal has attached assets worth more than Rs 27 crore by the Enforcement Directorate (ED). The ED gave this information on Saturday.

The ED is investigating Aggarwal, his family members and others in connection with a case of alleged corruption and money laundering involving more assets than a known source of income.

“The attached assets include plant and machinery, deposits and immovable assets in the bank accounts of Babulal Agarwal and his family members,” he said in a statement. He said the attached assets are worth Rs 27.86 crore.

Agarwal, a 1988 batch Indian Administrative Service officer, was arrested by the ED on November 9 from his residence in Raipur, the capital of Chhattisgarh. He is in judicial custody till December 5.

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