ED has taken major action against former IAS officer and Principal Secretary of former Haryana Chief Minister ML Tayal and his family. ED has temporarily attached assets worth about 14.06 crore under the Money Laundering Act. These properties include 9 immovable properties (2 houses and 7 flats), located in Chandigarh, New Delhi and Gurugram. Apart from this, the amount deposited in bank accounts has also been freed.
ED investigation started on the basis of FIR lodged by CBI, ACB Chandigarh. The FIR alleged that ML Tayal was the Principal Secretary to the Chief Minister of Haryana from 06 March 2005 to 31 October 2009 and a member of the Competition Commission of India from 30 November 2009 to 31 December 2014, during which he and his family made a lot of assets compared to their income."Text-Align: justify;"> Achal assets in 8 years
ED examined ML Tayal, his wife Savita Tayal and son Karthik Tayal’s financial records, income tax details and investment in stock market. Investigation revealed that between 01 January 2006 to 31 December 2014, the Tayal family earned illegal assets of 14.06 crore, which is more than their income.
Many more revelations are yet to be made. Their income tax reporters, bank transactions and investment in stock market were well examined by ED. This action of ED is being considered a strong message against corruption. The ED says that this property has been purchased from bribery and incorrect amount of money. The agency said that the investigation is still going on and there may be more revelations in it. & Nbsp;