ED Cracks Down On PFI And Rehab India Foundation
ED cracks down on PFI and Rehab India Foundation, attached are 33 bank accounts of both the organizations: ED action on PFI.
ED i.e. Directorate of Enforcement (ED) under the investigation of money laundering case Rs 68.62 lakh of Islamic organization Popular Front of India (PFI) and its affiliate organization Rehab India Foundation (RIF).
Bank deposits above Rs. The order was issued by the Central Investigation Agency under the Prevention of Money Laundering Act, PMLA.
A total of 33 bank accounts of both organizations have been seized under the Prevention of Money Laundering Act. Officials gave this information on Wednesday.
According to the report of news agency PTI, there is a balance of Rs 59,12,051 in 23 bank accounts of PFI (Popular Front of India, PFI) and Rs 9,50,030 in 10 bank accounts of RIF.
Thus, a total amount of Rs 68,62,081 has been provisionally frozen.
The Islamic organization PFI (Popular Front of India, PFI) was formed in 2006 in Kerala. Its headquarter is in Delhi.
On ED’s action, PFI issued a brief statement saying that as per media reports it has come to our notice that ED has temporarily attached the bank accounts of PFI.
We will issue a statement in this regard tomorrow. The PFI has also said that it is reviewing the ongoing report on the ongoing action.
The ED said in a statement that this action has been taken as part of the investigation of the money laundering case against PFI and its affiliated organizations.
ED cracks down on PFI: Scrutiny has found that PFI and RFI (Rehab India Foundation) has received a huge amount of money from dubious sources.
More than Rs 60 crore has been deposited in the accounts of PFI. Similarly, about Rs, 58 crores have been deposited in the accounts of RIF since 2010.
It is known that the ED (Directorate of Enforcement) is probing the alleged funding of PFI on charges of inciting protests against the Citizenship (Amendment) Act in the country.
The Delhi riots that took place in February 2020 erupted during the anti-CAA movement.
According to the probe agency, the PFI was allegedly secretly raising funds through a well-organized network in the Gulf countries as part of a criminal conspiracy.
