Ahmedabad: The enforcement directorate has a temporary asset around RS 134.38 Crore from M / S Aatash Norcontrol Ltd.
(ANL) under the provisions of the prevention of money laundering law (PMLA), 2002 in connection with the fraud of the Gujarat maritime body.
“Attached assets in the form of factory software, machinery, computers and computers, land and buildings (Rs 90.62 Crore) and Bank Balance (Rs 43.75 Crore).
Ms.
Aath Norcontrol Ltd.
is a joint venture between computers M / S Aatash and Communication P Ltd.
(India Company) and M / S Kongsberg Norcontrol IT US (Norwegian company).
The company is engaged in the construction and operation of ship traffic and port management system (VTPM) and provides navigation services to ship, “Mentioned Notes Ed.
Ed registered a money laundering case based on Cemara registered by CID crime against ANL and others to commit RS 134.38 crore fraud against Gujarat maritime boards.
GMB has contracted ANL to build and operate the ‘Vessel Traffic & Port Management System’ (VTPMS) for Khambhat Bay.
During the investigation, it was found that ANL had submitted excessive project costs to GMB and thus “misleading GMB to improve higher tariff rates for ship navigation”.
VTPMS infrastructure became operational in August 2010.
ANL began collecting VTS costs from the ship according to the concession agreement.
By using the wrong and created project costs, Anl allegedly received excess payments to the 134.38 crore RS tone during the period concerned.