KP SI-recruitment paper leak case | Enforcement Directorate attaches properties of 2 accused under PMLA

Jammu, Apr 6: Directorate of Enforcement (ED), Jammu sub zonal office Saturday attached movable properties, worth Rs 1 Cr, belonging to two accused under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in a case related to paper leak vis-a-vis examination conducted by J&K Services Selection Board (JKSSB) for the recruitment of Sub-Inspectors of J&K Police.

A spokesperson of ED, in an official statement, said, “ED, Jammu sub zonal office attached movable properties in the form of bank balances relating to accused M/s New Global Fumigation Corporation, proprietor Yatin Yadav and his associate Lokesh Kumar, to the tune of Rs 1 Cr (approximately) under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in a case related to paper leak of examination conducted by J&K Services Selection Board (JKSSB) for the recruitment of 1200 Sub-Inspectors of J&K Police, against monetary benefits by the accused (Yatin Yadav) and others.”

ED had initiated investigations on the basis of FIR and charge-sheet filed by CBI, Jammu against accused tout Yatin Yadav and 23 other accused persons.

Its (ED) investigations revealed that accused Yatin Yadav in criminal conspiracy with other accused persons, contacted different aspirants willing to access question paper and provided them the leaked question paper during March 25, to 27, 2022 at different places, against monetary payments ranging from Rs 15 lakh to Rs 30 lakh, the spokesperson said.

“During the ED investigations, the scrutiny of the suspected bank accounts showed that the chain of transactions had been used to route cash deposits, and other funds into the bank accounts related to Yatin Yadav. The funds were also routed into his proprietorship firm, M/s New Global Fumigation Corporation as well and was dissipated vide transactions of smaller amounts. The linearity of the interconnected transactions, coupled with the fact that the beneficiary of the transactions is accused tout, Yatin Yadav, cogently established the tainted nature of funds into the said bank accounts, relating to the proceeds of crime,” he said, adding that further investigation was under progress.