New Delhi, Dec 19 (UNI) The Enforcement Directorate’s Ahmedabad office filed a chargesheet on Friday against Ketan Patel, the former President of the District Panchayat in Daman and Diu, before a Special PMLA Court.
The charges relate to possession of assets disproportionate to his known sources of income.
The investigation stems from a First Information Report (FIR) registered by the Central Bureau of Investigation. The CBI had accused Patel, a public servant, of holding disproportionate assets worth approximately Rs. 3.77 crore between October 2005 and October 2015. The CBI subsequently filed its own chargesheet in the matter.
The ED’s probe revealed that Patel allegedly received corrupt money during his tenure as Panchayat President from 2005 to 2015. The agency claims this illicit money was funneled into his bank accounts through cash deposits and ‘accommodation entries’, transactions presented as loans that were never repaid. The funds were reportedly used for expenses such as hotel stays and shopping.
In a prior action, the ED had provisionally attached properties valued at Rs. 3.77 crore belonging to Patel. These assets include commercial units in Mumbai, a plot of land, and a fixed deposit.
ED files chargesheet against former Daman Panchayat Head in disproportionate assets case
