<p class="title">The Enforcement Directorate (ED) on Saturday said it has attached over 348 acres of land in Madhya Pradesh, valued at about Rs 4.53 crore, in connection with its probe into the coal allocation scam.</p>.<p class="bodytext">A provisional order for the attachment of land in the Narsinghpur district in the state has been issued by the agency under the Prevention of Money Laundering Act (PMLA).</p>.<p class="bodytext">The land belongs to Ms BLA Industries Private Limited, it said.</p>.<p class="bodytext">The ED had registered a criminal case of money laundering against the firm, its managing director Anup Agarwal and unknown public servants, based on a CBI FIR, a few years back.</p>.<p class="bodytext">The agency, in a statement, said proceeds of the crime generated in this case were from illegal mining, and new share capital creation, which was "layered through various bank accounts and finally integrated in the form of purchase of immovable properties" like the 348.34 acres of land in Madhya Pradesh, has now been attached.</p>.<p class="bodytext">The land in question has been valued at over Rs 4.53 crore, the agency said.</p>.<p class="bodytext">"It was alleged (in the CBI FIR) that the Gotitoria East and Gotitoria West coal blocks located in the Mohapani coal field of Narsinghpur district were allocated for captive use in power plant.</p>.<p class="bodytext">"The plant was not set up and the condition of captive use of coal was altered by public servants allowing Ms BLA Industries Private Limited to sell coal, thus giving undue favour to the company," the ED said.</p>.<p class="bodytext">An attachment order under the PMLA is aimed at depriving the accused from taking benefits of their ill-received wealth, the agency said, adding such an order can be appealed by the affected party before the adjudicating authority of the act in 180 days' time.</p>
<p class="title">The Enforcement Directorate (ED) on Saturday said it has attached over 348 acres of land in Madhya Pradesh, valued at about Rs 4.53 crore, in connection with its probe into the coal allocation scam.</p>.<p class="bodytext">A provisional order for the attachment of land in the Narsinghpur district in the state has been issued by the agency under the Prevention of Money Laundering Act (PMLA).</p>.<p class="bodytext">The land belongs to Ms BLA Industries Private Limited, it said.</p>.<p class="bodytext">The ED had registered a criminal case of money laundering against the firm, its managing director Anup Agarwal and unknown public servants, based on a CBI FIR, a few years back.</p>.<p class="bodytext">The agency, in a statement, said proceeds of the crime generated in this case were from illegal mining, and new share capital creation, which was "layered through various bank accounts and finally integrated in the form of purchase of immovable properties" like the 348.34 acres of land in Madhya Pradesh, has now been attached.</p>.<p class="bodytext">The land in question has been valued at over Rs 4.53 crore, the agency said.</p>.<p class="bodytext">"It was alleged (in the CBI FIR) that the Gotitoria East and Gotitoria West coal blocks located in the Mohapani coal field of Narsinghpur district were allocated for captive use in power plant.</p>.<p class="bodytext">"The plant was not set up and the condition of captive use of coal was altered by public servants allowing Ms BLA Industries Private Limited to sell coal, thus giving undue favour to the company," the ED said.</p>.<p class="bodytext">An attachment order under the PMLA is aimed at depriving the accused from taking benefits of their ill-received wealth, the agency said, adding such an order can be appealed by the affected party before the adjudicating authority of the act in 180 days' time.</p>