The Directorate of Enforcement (ED) has provisionally attached immovable properties worth ₹1.06 crore belonging to an assistant revenue officer of the Indore Municipal Corporation and his family members in connection with a disproportionate assets case under the Prevention of Money Laundering Act (PMLA), 2002.
The attachment was carried out by the ED’s Indore sub-zonal office against Rajesh Parmar, an assistant revenue officer, following allegations that he acquired assets far exceeding his known sources of income. The attached assets include a residential house, multiple plots, a flat, and eight parcels of agricultural land registered in the name of Parmar and his family members.
Certified Cyber Crime Investigator Course Launched by Centre for Police Technology
According to the enforcement agency, the action stems from a money laundering investigation linked to the alleged accumulation of disproportionate assets in Parmar’s own name as well as in the names of his relatives.
The probe was initiated on the basis of a first information report registered by the Economic Offences Wing (EOW), Bhopal, under Sections 7 and 13(1)(b) read with Section 13(2) of the Prevention of Corruption Act, 1988. The FIR alleged that Parmar, while serving as an assistant revenue officer with the Indore Municipal Corporation, had amassed assets that were disproportionate to his known lawful income.
Investigations revealed that between 2007 and 2022, Parmar allegedly acquired assets worth approximately ₹1.66 crore, representing more than 175% of his known income during the said period. The suspected proceeds of crime were quantified at around ₹1.21 crore.
The ED stated that its investigation established that the proceeds of crime generated through illegal activities were directly utilised for the acquisition of immovable properties. To conceal the illicit origin of the funds, large amounts of cash were allegedly deposited into bank accounts held by Parmar and his family members. These funds were subsequently routed through multiple bank transfers and used to purchase properties.
During the course of investigation under the provisions of the PMLA, Parmar was asked to explain the source of funds used for acquiring the assets in his and his family members’ names. However, the agency said he failed to provide any satisfactory explanation or documentary evidence establishing the lawful source of the funds.
Based on these findings, the enforcement agency provisionally attached the properties, holding that they constituted proceeds of crime under the PMLA.
The ED said further investigation is underway to trace additional assets and examine the money trail connected to the alleged laundering of illicit funds.
About the author — Suvedita Nath is a science student with a growing interest in cybercrime and digital safety. She writes on online activity, cyber threats, and technology-driven risks. Her work focuses on clarity, accuracy, and public awareness.
