ED to seize ₹ 50 crore worth properties of Jayachandra?
Synopsis
Enforcement Directorate (ED) has already seized his ₹ 25 crore worth properties. Now ED has decided to seize some more properties.
Enforcement Directorate (ED) has decided to seize the illegal properties of imprisoned SC Jayachandra, Chief Planning Officer of State Highway Development Project, PWD department.
Sources say that the ED officers of Bengaluru have written a letter to the Chief Commissioner at the centre, asking for permission.
Three days ago on January 31, the ED sleuths had seized his worth ₹ 25 crores benami properties in Bengaluru and Chitradurga.
Read: ED seizes ₹25 crore property of Jayachandra
The ED officers of Bengaluru are likely to raid and seize his properties as soon as they obtain approval from Delhi.