NEW DELHI, AUG 16 (PTI): Enforcement Directorate (ED) on Monday said it has attached assets worth Rs 6.88 crore of a close aide of top NSCN (I-M) leader T Muivah and others in a money laundering case.
The ED has issued a provisional order under the Prevention of Money Laundering Act (PMLA) for attachment of bank balances, mutual funds and certain insurance products.
These assets are held in the name of Rayilung Nsarangbe, a self-styled colonel and treasurer of the NSCN (I-M), his wife Ruth Chawang and Apam Muivah, who the ED said is a secretary to \u2018\u2019ato kilonser\u2019\u2019 (prime minister), Th. Muivah. The money laundering case of the ED was filed after studying an FIR and charge sheet filed against them by the National Investigation Agency (NIA) last year.
\u201cIt was alleged in the NIA charge sheet that the terrorist gang of NSCN (I-M) was carrying out well-organised extortion racket in Manipur and Nagaland, resulting in diversion of government funds,\u201d the ED said.
It added that \u201cin pursuance of their conspiracy for terrorist acts, the terrorist gang of NSCN (I-M) had been criminally intimidating construction companies undertaking road construction projects in Manipur and collected huge sum as illegal tax (extortion).\u201d
The ED investigation found that the district in-charge of four administrative districts of Manipur — Tamenglong, Senapati, Ukhrul and Chandel– were \u201creporting\u201d to Rayilung Nsarangbe as he was the treasurer of the collective leadership. \u201cThe district representatives were submitting the extorted money along with the details of collection made by them from various economic activities to Rayilung,\u201d it alleged.
Huge amount of extortion money was being \u201cdirectly collected\u201d by Rayilung, it claimed.
\u201cMajor part of the extortion amount was being utilised as per the direction of the collective leadership and part of it was being deposited in the bank accounts maintained in the name of Rayilung, his wife Ruth Chawang, and Apam Muivah,\u201d it said.
It claimed that in order to \u201cconceal\u201d the proceeds of crime, several mutual funds, insurance products were subscribed or purchased in the name of Ruth Chawang alias Ruth Zeliang from the cash deposited in the accounts. \u201cRayilung had also transferred huge amount of money to Apam Muivah from the accounts maintained in the name of Ruth Chawang,\u201d it alleged.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW DELHI, AUG 16 (PTI): Enforcement Directorate (ED) on Monday said it has attached assets worth Rs 6.88 crore of a close aide of top NSCN (I-M) leader T Muivah and others in a money laundering case.The ED has issued a provisional order under the Prevention of Money Laundering Act (PMLA) for attachment of bank […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-480","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=480"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/480\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}