The Enforcement Directorate attached properties to the tune of Rs 5 crore of former Bahujan Samaj Party Minister Rangnath Mishra in a disproportionate assets case under Prevention of Money Laundering Act.
The ED, in a statement, said it has attached residential plot measuring 250.83 sqm by 899.25 sqm located at plot number 58, House No. 54/171, George Town Extension, Tagore Town, Allahabad having market value to the tune of Rs 5 crore of Mishra and his family members in a disproportionate assets case under the Prevention of Money Laundering Act, 2002 (PMLA).
Probe revealed that Mishra had acquired disproportionate assets when he was the Minister for secondary education and home in the 2007-11 Bahujan Samaj Party (BSP) Government headed by the then Uttar Pradesh Chief Minister Mayawati.
According to the ED officials, investigations revealed that Mishra's actual income between May 13, 2007 and October 5, 2011, was about Rs 1.57 crore, but he had allegedly spent over Rs 3.4 crore. It added that the probe against Mishra was initiated after studying an FIR filed against him by the Uttar Pradesh vigilance department.
"Further investigation in respect of sources of the properties acquired and purchased by Mishra and his family members in the name of trust, 'samiti', and institutes is under progress," it said.