ED files chargesheet against LIC agent in connection with Virbhadra Singh's money-laundering case
The agency has said that the Himachal Pradesh CM invested huge amounts in purchasing LIC policies through the accused between May 2009 and June 2012.
The Enforcement Directorate on Tuesday filed a chargesheet against Life Insurance Corporation agent Anand Chauhan in a money laundering case involving Himachal Pradesh Chief Minister Virbhadra Singh, reported PTI. While filing the final report in the case on Tuesday, the agency informed special judge Vinod Kumar that the investigation into the irregularities is underway, and that investigators might file a supplementary chargesheet later, PTI reported.
The police arrested Chauhan from Chandigarh on July 9 under the Prevention of Money Laundering Act. He is currently in judicial custody for his connection to the case. According to the ED, the chief minister, during his tenure as the Union steel minister, invested huge amounts in purchasing LIC policies in his own name and that of his family members through Chauhan. "Virbhadra Singh, while functioning as a Union minister during the period from May 28, 2009, to June 26, 2012, acquired assets, disproportionate to his known sources of income to the tune of Rs 6,03,70,782 and further tried to justify the same in the form of agricultural income," the agency said.