Did the ED Charge Ex-Jalandhar Sub-Postmaster for Rs 8.48 Crore Embezzlement?
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Synopsis
The Enforcement Directorate has accused ex-Jalandhar Sub-Postmaster Sanjeev Kumar of embezzling Rs 8.48 crore through fraudulent postal savings accounts. Investigations reveal a complex scheme involving fake accounts and significant financial losses to the government. The ongoing probe raises questions about the extent of the money laundering network.
Key Takeaways
- ED filed a prosecution complaint against Sanjeev Kumar for embezzlement.
- Estimated loss to the government is Rs 8.48 crore.
- Sophisticated scheme involved fake accounts and manipulation of deposits.
- Ongoing investigations may reveal more involved parties.
- Public trust in financial systems is critical.
New Delhi, Nov 24 (NationPress) – The Enforcement Directorate (ED) has submitted a prosecution complaint against former Jalandhar Sub-Postmaster Sanjeev Kumar and others to the Special Court for Prevention of Money Laundering Act (PMLA) in Mohali, accusing them of being involved in a significant embezzlement of public funds amounting to several crores, as reported by the agency on Monday.
The complaint was lodged on November 21 after thorough investigations into extensive fraud and money laundering activities associated with the manipulation of postal savings accounts.
The ED stated that the inquiry was triggered by a Central Bureau of Investigation (CBI) FIR, which charged Sanjeev Kumar and his associates with criminal conspiracy, cheating, forgery, and corruption during his time as a Sub-Postmaster in Jalandhar.
Findings from the agency uncovered a complex scheme involving the establishment of fake accounts, falsifying account entries, and redirecting deposits belonging to unsuspecting customers.
According to investigators, Kumar is accused of creating 54 fake savings accounts, resulting in a loss of Rs 3.40 crore to the government. He also manipulated entries in 41 savings accounts, leading to an additional loss of Rs 2.79 crore, and tampered with 51 recurring deposit (RD) accounts, causing a further loss of Rs 1.89 crore.
In total, the ED estimates that Kumar illicitly withdrew Rs 8.48 crore in government funds through cash transactions and various bank accounts he and his associates controlled.
“The accused individuals generated substantial Proceeds of Crime (POC) through these criminal actions and used the funds to sustain a lavish lifestyle, indulge in gambling, personal expenses, and acquire real estate,” the ED detailed in a press release.
“Additionally, Sanjeev Kumar opened multiple accounts under the names of Sajni Bala and Kewal Krishan, using these accounts to launder the generated POC,” it added.
Earlier this year, the agency provisionally attached movable and immovable assets worth Rs 42 lakh belonging to these individuals. This attachment, executed on March 21, 2025, was later validated by the Adjudicating Authority.
The ED further disclosed that investigations into the money laundering network and the potential involvement of additional accused parties are still underway.
Point of View
I emphasize the importance of accountability in public service. This case highlights the need for robust mechanisms to prevent fraud and safeguard public funds. The ongoing investigation by the Enforcement Directorate is crucial in holding those responsible accountable while restoring public trust.
NationPress
24/11/2025
Frequently Asked Questions
What are the charges against Sanjeev Kumar?
Sanjeev Kumar is charged with embezzlement, criminal conspiracy, cheating, forgery, and corruption during his tenure as Sub-Postmaster.
How much money is involved in the embezzlement case?
The Enforcement Directorate estimates that Kumar fraudulently withdrew Rs 8.48 crore from the government.
What actions has the ED taken?
The ED has filed a prosecution complaint and provisionally attached assets worth Rs 42 lakh related to the accused.
What is the role of the Central Bureau of Investigation in this case?
The probe was initiated based on a CBI FIR that accused Kumar and others of serious financial crimes.
Is the investigation ongoing?
Yes, the ED is continuing its investigation into the money laundering network and possible additional participants.
