Indore: Enforcement Directorate (ED) today filed a chargesheet against a local builder and his accomplice in connection with alleged scam of Rs five crore involving a housing society here.
The chargesheet was filed against the builder Bobby Chhabra and his aide Surendra Singh Siddhu under the Prevention of Money Laundering Act (PMLA).
Siddhu, manager of the Karmachari Grih Nirman Sahkari Sanstha, had allegedly collected Rs 5 crore from members of the society and deposited them into an unauthorised bank account with Transport Cooperative Bank, instead of designated account.
He allegedly transferred Rs 2.5 crore from this account to the one operated by Chhabra, during 2008-09.
According to ED, Chhabra allegedly purchased 1.75-acre land in Bhouransla village in Indore district by withdrawing Rs one crore from this account. ED has already attached the land.
Sources said Chhabra invested the remaining amount in a land and probe is on to ascertain whether he purchased the land concerned.
A case was registered in this regard by ED in 2011 against Chhabra and Siddhu and ED is also investigating the role of three more persons in this regard.