PMLA Action Uncovers Illegally Accumulated Wealth in Bank and Post Office Deposits
Guwahati : The Guwahati Zonal Office of the Enforcement Directorate (ED) has provisionally attached movable properties worth approximately Rs 31.76 lakh belonging to former Income Tax officer Khurshed Khan and his wife. The action was taken under Provisional Attachment Order (PAO) No. 07/2025 dated 29.11.2025, in accordance with the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
The investigation by ED was initiated based on a CBI, ACB Guwahati FIR against Khurshed Khan. The CBI had earlier filed a charge-sheet on 27.12.2021 in the Special Court under Section 13(2) read with 13(1)(e) and 13(1)(b) of the Prevention of Corruption Act, 1988, accusing him of corruption and misuse of official position.
Investigation Reveals Disproportionate Assets
ED’s probe revealed that between 01.01.2014 and 31.12.2019, Khurshed Khan and his wife were in possession of assets disproportionate to their known sources of income. These assets were primarily deposits in banks and post offices.
The investigation found that these properties were acquired from proceeds of crime generated through:
- Misuse of official position
- Unexplained cash deposits
- Layering of funds
- Fictitious sources of income, including:
- False agricultural income claims
- Cash gifts from relatives
- Reimbursements of allegedly departmental bills
- Fictitious claims of income from garment stitching by his wife
Further, the probe revealed that fabricated entries were made in diaries to project these properties as legitimate, masking their illicit origin.
ED Action: Provisional Attachment and Asset Freeze
The ED clarified that the provisional attachment aims to prevent any disposal or transfer of the assets until the investigation confirms their illegal origin. All bank accounts and post office deposits are under scrutiny to track the flow of funds.
An ED official noted, “Khurshed Khan and his wife used a financial network designed to legitimise wealth acquired through illegal means.” The investigation also revealed attempts to split funds across multiple accounts and create false sources to conceal the illicit origin. ED continues to meticulously analyze the network and flow of money at every level.
Clear Message: Zero Tolerance on Corruption and Money Laundering
The Enforcement Directorate highlighted that the case underscores the serious challenges posed by misuse of official positions and financial crimes. ED reiterated that strict enforcement actions, including provisional attachments, will continue against such violations.
Officials have also warned citizens and government employees that involvement in illegal financial activities or fraudulent wealth accumulation may result in severe legal consequences.
This action sends a strong signal that ED’s surveillance on corruption and money laundering is uncompromising, and no offender, regardless of position, will be allowed to evade legal scrutiny.
