Why Did the ED Attach Properties Worth Rs 1.6 Crore of Suspended Civic Body Officer in Indore?
Synopsis
In a significant move, the Enforcement Directorate has seized properties valued at Rs 1.6 crore from Rajesh Parmar, a suspended officer of Indore Municipal Corporation. This action stems from allegations of disproportionate asset accumulation linked to corruption. The investigation reveals a complex web of financial misconduct involving illicit funds and property acquisitions.
Key Takeaways
ED attached properties under PMLA .
Rajesh Parmar is accused of acquiring disproportionate assets.
Properties worth Rs 1.6 crore involved.
Investigation links assets to illicit activities.
Suspension occurred in 2025 due to corruption allegations.
Indore, Feb 10 (NationPress) The Enforcement Directorate (ED) announced on Tuesday that it has seized properties belonging to the suspended Assistant Revenue Officer of Indore Municipal Corporation (IMC), Rajesh Parmar, under the Prevention of Money Laundering Act (PMLA).
The federal investigative agency stated that the seized assets, valued at over Rs 1.6 crore, are registered under the names of Rajesh Parmar and his family members. This includes a residential house, several plots, a flat, and agricultural land situated in Indore.
According to the ED, the attachment was executed in relation to the acquisition of disproportionate assets by Rajesh Parmar both personally and through his family. It was alleged that assets worth Rs 1.66 crore were amassed between 2007 and 2022, reflecting an increase of over 175 percent compared to his known income during that timeframe.
The agency further explained that this action stemmed from an investigation triggered by an FIR filed by the Economic Offences Wing (EOW), Bhopal, against Rajesh Parmar under the Prevention of Corruption Act.
The ED's investigation uncovered that the proceeds of crime generated from illegal activities were directly utilized to purchase immovable properties in his name and that of his family members.
“The investigation revealed significant cash deposits into the bank accounts of Rajesh Parmar and his family members, which were intended to disguise the illicit origin of these funds. These funds were then channeled through bank transfers to facilitate the acquisition of immovable properties,” the statement added.
Rajesh Parmar was suspended from his position in 2025 due to allegations of financial misconduct during his term as Assistant Revenue Officer in the IMC, following the filing of the FIR by EOW.
Subsequently, in February of the previous year, the EOW conducted raids on Parmar’s residence and other properties owned by him and his family.
During the investigation, the team gathered details about properties registered in the names of the accused and his family, which included a two-storey house in Bijalpur, a flat in Sanchar Nagar, a plot in Sampat Green (1600 sq. ft.), a flat in Shreeji Valley, a plot in Uday Nagar, a flat in Khushbu Villa, and another flat in Satellite Valley in Indore.
Point of View
I believe this case highlights the urgent need for transparency and accountability in our public institutions. The actions of the Enforcement Directorate serve as a reminder that financial impropriety will not be tolerated. We must continue to advocate for integrity in governance while ensuring that justice is served.
NationPress
9 May 2026
Frequently Asked Questions
What properties were seized by the ED?
The ED seized various properties including a residential house, plots, a flat, and agricultural land, all valued at over Rs 1.6 crore.
Why was Rajesh Parmar suspended?
Rajesh Parmar was suspended due to allegations of financial irregularities during his tenure as Assistant Revenue Officer.
What led to the ED's investigation?
The investigation was initiated following an FIR lodged by the Economic Offences Wing against Rajesh Parmar under the Prevention of Corruption Act.
What was discovered during the investigation?
The investigation revealed significant cash deposits in Parmar's accounts, suggesting the use of illicit funds for property acquisitions.
When did the alleged illicit activities take place?
The alleged acquisition of disproportionate assets occurred between 2007 and 2022.
