Latest News | UP: Assets Worth over Rs 3.75 Crore Seized from Jhansi-based Cold Drink, Land Dealer
Get latest articles and stories on Latest News at LatestLY. The district administration here on Tuesday seized assets worth more than Rs 3.75 crore belonging to a prominent cold drink dealer and land businessman under the Gangster Act, officials said.
Jhansi (UP), Jul 1 (PTI) The district administration here on Tuesday seized assets worth more than Rs 3.75 crore belonging to a prominent cold drink dealer and land businessman under the Gangster Act, officials said.
Ramesh Chandra Gupta, from Janakipuram in the Civil Lines area, has been under investigation for his alleged criminal associations, they said.
On the orders of the District Magistrate's court, police and administrative officials carried out the confiscation in the Digara area. As part of the legal procedure, the seizure was publicly announced with drumbeats, in accordance with established protocol.
Senior Superintendent of Police (SSP) BBGTS Murthy said a total of Rs 3,18,63,705 worth of movable and immovable properties were attached in Digara village in Nawabad area.
Gupta is known as a major distributor for a leading cold drink company and is also regarded as a significant figure in local real estate dealings, he said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)