Ahmedabad: The Enforcement Directorate's (ED) Ahmedabad zonal office provisionally attached assets belonging to practising chartered accountant Tehmul Sethna. The three properties include a bungalow and two open plots worth Rs 6.8 crore located in Ahmedabad, a release said.

Sethna, who rose to fame as the CA of Mahesh Shah, disclosed an income of Rs 13,860 crore in the aftermath of demonetisation. He faces charges under the Prevention of Money Laundering Act (PMLA), 2002, in connection with an ongoing investigation related to the Environment Research and Development Centre (ERDC). An FIR was filed with the Navrangpura police station under sections related to criminal conspiracy, cheating, and forgery, the release said.The release added that while handling all the affairs of the ERDC trust, he allegedly executed unauthorised withdrawals worth Rs 6.85 crore from the trust's account using forged signatures of the trustees.

He routed these withdrawals through multiple individuals/entities, creating a maze of transactions to conceal the true source of money and to showcase the tainted money as untainted, the release said. TNN