Kochi: The Enforcement Directorate, probing the cash laundering probe towards the Popular Front of India (PFI), instructed a court docket right here on Thursday that its investigation thus far revealed that the Kerala-based outfit has acquired greater than Rs 100 crore in its financial institution accounts over the years. The company, whereas looking for extension of custody of PFI’s pupil wing chief Ok A Rauf Sharif, arrested in reference to the cash laundering probe, made the submission in the Special court docket for Prevention of Money Laundering Cases right here.
Considering ED’s utility, the court docket prolonged the custody of Sharif for 3 extra days. In its affidavit submitted, ED acknowledged that the supply and disbursal of those funds is beneath investigation.
“The investigation conducted by the Directorate against PFI has so far revealed that more than Rs 100 crore have been deposited in the accounts of PFI over the years, and that a large part of the same has been deposited in cash”, the ED stated. It additionally alleged that since 2013, PFI has been indulging in numerous scheduled offences and the cash transfers and money deposits have additionally considerably elevated after 2014.
Investigation has additionally revealed that PFI has been concerned in anti-CAA protests and funds throughout the interval of December 2019 to February 2020 might have been used for this objective, the affidavit stated. ED additionally talked about the function and involvement of PFI members in the Delhi riots in February this 12 months have come to its discover in the ongoing investigation into the cash laundering in the riots.
“There are also indications that PFI has linkages with the recent violence in Bangalore city in which its political wing–SDPI–has been found to be involved. PFI has also been involved in various cases in the past in which public order was disturbed and various offences of grave nature were committed by the members of the organisations”, it stated in the affidavit.
The ED, which carried out searches at the places of work of PFI and at the residences of its workplace bearers throughout India, stated incriminating paperwork and digital gadgets had been seized throughout the raids. It alleged that PFI has been accumulating big quantities of funds overseas and that targets for overseas assortment of funds have additionally been fastened.
Seeking custody of Rauf Sharif, nationwide normal secretary of PFI’s pupil wing, the ED stated it’s evident that the outfit and its related organisations like CFI have been repeatedly concerned in cash laundering and have been utilizing the proceeds of crime for committing illegal actions throughout India. The non-cooperative and evasive angle of Sharif alongside along with his deliberate makes an attempt to keep away from becoming a member of the inquiry and to flee the nation set off additional suspicion about his actions and involvement in cash laundering actions, the ED submitted.
He was produced earlier than the particular court docket as his seven days custody granted to ED final week ended on Thursday. When Sharif knowledgeable the court docket that he was mentally tortured by the company, the decide warned and directed ED not to repeat it.
The ED arrested Sharif after he was apprehended by authorities at Thiruvananthapuram airport a fortnight in the past. PTI TGB ROH ROH 12241727 NNNN.