The Enforcement Directorate (ED), Goa Zonal Office, has provisionally attached properties worth ₹7.17 crore in connection with a money laundering case allegedly linked to drug trafficking.
Properties Identified as Proceeds of Crime
According to officials, the case involves accused Prasad Walke and others. The attached properties, located in Assagao, have been identified as alleged “proceeds of crime” generated from activities related to narcotics trafficking under the Narcotic Drugs and Psychotropic Substances (NDPS) Act.
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The provisional attachment has been carried out under the provisions of the Prevention of Money Laundering Act (PMLA), pending further adjudication.
Ongoing Investigation
The ED stated that its action is based on findings from investigations into offences registered under the NDPS Act. Authorities suspect that the accused laundered illicit funds derived from drug-related activities by investing them in immovable properties.
Further investigation is underway to trace additional assets and examine the financial trail linked to the case.
The attached properties will remain under the control of the agency until the matter is decided by the competent authority under the PMLA framework.
