Assets worth ₹875cr attached by ED in Bengal since 2020

Kolkata: ED’s eastern region has over the past four years attached properties worth Rs 1,433 crore. The attachment from cases in Bengal was nearly Rs 875 crore during 2020-24, ED sources said, reports Rohit Khanna.
The highest value of attachment in cases registered in Bengal came in the TP Global FX case, in which properties worth Rs 275 crore were attached.The firm was engaged in forex trading without authorisation. Dummy companies were floated to trap investors in fraudulent schemes.
In two separate cases related to school recruitment, properties worth Rs 380 crore has been attached. Rs 50 crore was seized from SSC accused Arpita Mukherjee alone.
Subhash Agarwal, a 1993-batch IRS officer, took charge of the eastern region of ED in 2020. Over four years, the agency has conducted 784 raids. A total of 62 arrests were made including of Partha Chatterjee, Jyoti Priya Mallick, Anubrata Mondal and Sheikh Shahjahan. In Nagaland’s HPZ token case —a crypto currency fraud — the agency’s eastern zonal office attached properties worth Rs 500 crore. In the Rose Valley scam, ED has so far restituted Rs 19.4 crore.