November 17, 2021
Scam/Fraud

Gujarat Maritime Board scam: Enforcement Directorate attaches assets worth Rs 134 crore of ANL | Ahmedabad News

AHMEDABAD: The Enforcement Directorate has provisionally attached assets worth Rs 134.38 crore of M/s Aatash Norcontrol Ltd (ANL) under the provisions of Prevention of Money Laundering Act (PMLA), 2002 in connection with the Gujarat Maritime Board scam.
“The attached assets are in the form of plant, machinery, computer and computer software, land and building (Rs 90.62 crore) and bank balances (Rs 43.75 crore). M/s. Aatash Norcontrol Ltd. is a joint venture between M/s Aatash Computers and Communications P Ltd. (Indian company) and M/s Kongsberg Norcontrol IT AS (Norwegian company). This company is engaged in construction and operation of vessel traffic and ports management system (VTPMS) and it provides navigation services to the vessels,” mentioned a note by ED.
The ED registered a case of money laundering on the basis of an FIR registered by CID Crime against ANL and others for committing a fraud of Rs 134.38 crore against…

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