ED Seizes ₹34 Crore in Assam Government Fund Misappropriation Case

In a significant crackdown, the Enforcement Directorate (ED) has attached bank and fixed deposits worth ₹34 crore in a case involving the alleged misappropriation of funds meant for construction workers' welfare in Assam. The investigation exposed a ₹118 crore contract fraud linked to top officials and a printing house proprietor.

In a major development, the Enforcement Directorate (ED) has attached bank and fixed deposits amounting to ₹34 crore under the anti-money laundering law. This follows a series of searches in relation to a case of alleged misappropriation of Assam government funds designated for construction workers' welfare, according to a statement released on Saturday.

The case revolves around the allegedly 'fraudulent' award of contracts worth ₹118 crore between 2013 and 2016 by the Assam Building and Other Construction Workers Welfare Board (ABOCWWB) to Purbashree Printing House, owned by Priyanshu Boiragi.

The ED's investigation revealed that this misappropriation involved illegally obtained funds being deposited in fixed deposits and other bank accounts under Boiragi's name. Additionally, various incriminating documents were seized during the searches, although the exact dates of these actions were not disclosed by the agency.

(With inputs from agencies.)