ED orders freeze on Bose and Suvaprasanna's assets

Kolkata, Dec 24: Srinjoy Bose and Suvaprasanna whose names figure in the Saradha scam will not be able to dispose off some of their properties and bonds as per a directive by the Enforcement Directorate (ED).

An ED official probing the scam confirmed to oneindia that there was an instruction issued that bonds and properties belonging to artist Suvaprasanna and TMC MP, Srinjoy Bose cannot be disposed in the wake of the ongoing investigations.

Freeze on assets of Bose:

Bose according to the investigation has bonds with the National Highways Authority of India, Indian Railway Financial Corporation Ltd and the NTPC. These bonds are valued at around Rs 10.30 crore according to the investigation. Further the ED has also directed a freeze on selling his flat worth Rs 60 lakh at Rajarhat.

Suvaprasanna's assets:

The ED has also directed a freeze on the sale of two flats belonging to artist Suvaprasanna. He owns two properties one at Powai in Bombay worth Rs 38 lakh and a tree house in Raichak which is valued at Rs 7.5 lakh.

The investigation revealed that Suvaprasanna had taken a loan to purchase the property. This loan was taken from Devikripa and was later repaid. Devikripa in fact had been acquired by the Saradha group.

Was Saradha money used?

The ED is trying to find the trail of the money that went into the purchase of these properties by Bose and Suvaprasanna. Both are high profile personalities in West Bengal and very closely attached to Chief Minister Mamta Banerjee.

Their names figured in the Saradha scam on various ocassions. The ED says that there is a lurking doubt that money from Saradha was pumped into their accounts which may have facilitated the purchase of these properties.

Oneindia News