Enforcement Directorate has attached the assets of tainted BOPEE former Director Mushtaq Peer worth Rs 60 lakhs while the Directorate has said that it reserves the right to arrest Mushtaq Peer once he gets released from the Central Jail.
ED officials said that the Joint Director ED was investigating a case number ECIR/01/SRZO/2013 against former Director of Board of Professional Entrance Examination (BOPEE) Mushtaq Ahmed Peer and others. In this case ED has attached assets of Mushtaq Peer worth Rs 60 lakhs.
The property that has been attached by the ED includes a plot of five marlas with shed at lane number 11 at Sidra Jammu, flat number 4, upper ground floor building number 125 block A at Freedom Fighter Enclave, Neb Sarai near gate number 2 at New Delhi and flat number 2/2A at Custodian General flat situated at Wazarat Road Jammu. “The value of this attached property as per ED officials is estimated at Rs 50 lakh, however, sources said that the market value of the said property would be much higher than this.
Besides, attaching immovable property of the tainted Mushtaq Peer, Enforcement Directorate has also seized his bank accounts and the cash up to the tune of Rs 10 lakhs lying with different banks have been seized by the ED.
ED officials told CNS that Peer had opened a bank account vide number 041510000002228 at HDFC Bank Residency Road Srinagar and all the cash lying in the bank was seized. Besides, one bank account vide number 04151530005241in the same bank belonged to his daughter Iqra Mushtaq has also been attached. ED official said that Peer had used the bank account of his daughter to transfer the money.
ED officials further said that they had called the wife of the Peer for questioning but it was found that she owned a small property. “During investigation it was revealed that the broker Farooq Itoo had earned Rs 73 lakhs from the CET paper selling scam out of which he had paid Rs 60,000 to the Mushtaq Ahmed Peer. The officials told CNS that all the property was attached under section 5 of the Prevention of Money Laundering Act while ED reserves the right to arrest the Mushtaq Peer under section 4 pf the PMLA for further questioning after he gets released from the Central Jail. (CNS)