ED attaches Popular Front of India’ bank accounts in money laundering case

The Enforcement Directorate (ED) has attached at least 33 bank accounts of Popular Front of India (PFI) and Rehab India Foundation as part of an anti-money laundering investigation against them, ED officials said on Wednesday.

As per the officials, the accounts hold more than ₹68 lakh. The orders have been issued under the Prevention of Money Laundering Act (PMLA.

“ED has provisionally attached bank accounts of Popular Front of India and Rehab India Foundation having collective balance of Rs. 68,62,081 under PMLA, 2002,” read a tweet by ED.

The probing agency said 23 accounts of the Popular Front of India (PFI) having ₹59,12,051 and 10 of Rehab India Foundation having ₹9,50,030 have been attached, according to PTI news agency.

Responding to the news reports, Popular Front of India said it will issue a statement Thursday.

“As per media report it has come to our notice that ED has provisionally attached bank accounts of Popular Front of India. We are reviewing this report and will issue a statement tomorrow,” read a tweet by PFI.