ED attaches assets in Kerala gold smuggling case

The Enforcement Directorate (ED) has provisionally attached movable and immovable properties worth Rs 1.84 crore under the Prevention of Money Laundering Act (PMLA) in a gold smuggling case in Kerala.

In a statement, the ED said the attached immovable properties include a residential house, an apartment and a piece of land in Kozhikode. The attached moveable properties are in the form of fixed deposit held in Kozhikode branch of the Federal Bank.

The ED initiated investigation in a gold smuggling case on the basis of an FIR and chargesheet filed by the CBI and the Anti Corruption Bureau, Cochin against C Madhavan, a former deputy commissioner of customs, P P Sunil Kumar, Faiz T K, Ashraf Kallunkal, Subair Y M and Abdul Rahim and others.