New Delhi, March 10 (UNI) The Enforcement Directorate (ED), Bhopal Zonal Office, on Tuesday said it has filed a chargesheet against Vibha Vedprakash Srivastava in connection with a money laundering investigation arising from a disproportionate assets case involving her husband, late Ved Prakash Srivastava.
In the matter, the court has issued a notice to the accused, Vibha Srivastava, for a pre-cognizance hearing.
The ED initiated the investigation on the basis of an FIR registered by the CBI, ACB, Jabalpur, under Section 109 of the IPC, 1860, and Section 13(2) read with Section 13(1)(e) of the Prevention of Corruption Act against Ved Prakash Srivastava, the then Divisional Engineer, Western Railway, Rajkot Division (Gujarat), and his wife Vibha Srivastava for allegedly acquiring assets disproportionate to their known sources of income.
The CBI had also filed a chargesheet in the matter.
The ED investigation revealed that late Ved Prakash Srivastava, while serving as a public servant in the Railways, amassed disproportionate assets amounting to approximately ₹1.66 crore, which were 112.39 per cent more than his known lawful income during the check period from April 1, 2008, to May 25, 2018.
These assets included immovable properties, bank balances, fixed deposits, PPF investments, and other financial assets held in his name as well as in the names of his wife and family members. The total proceeds of crime in the case have been quantified at ₹1.66 crore.
During the course of the investigation, the ED has provisionally attached properties worth ₹1.58 crore.
The attached properties include two residential flats, fixed deposits, and bank balances held in the names of late Ved Prakash Srivastava and Vibha Srivastava.
