“44 bank accounts with Rs 50cr, 7 luxury houses in Malaysia linked to PK Halder”

A Special Court in Kolkata today extended the remand period of former NRB Global Bank Managing Director Prashanta Kumar Halder by 14 days in a money laundering case after the Directorate of Enforcement of the Indian law told the court that investigators had uncovered 44 bank accounts across the country and properties, including seven in Malaysia, linked to him.

It was the third time the Money Laundering Prevention Act court extended Halder’s pretrial detention since his arrest of Ashok Nagar in North 24 Parganas district on May 14 with five of his associates under of the 2002 PMLA, reports our New Delhi correspondent.

The arrests came after a search operation by ED at 11 premises including lavish homes in Ashok Nagar and Kolkata linked to PK Halder, Pritish Kumar Halder and their associates across the state of West Bengal.

While seeking a further extension of Halder’s pre-trial detention today, the ED told the court that he discovered during questioning in custody that bank accounts linked to him contained almost Rs 50 crore, Bangladesh Deputy High Commission sources said.

The interrogation also revealed that there are seven luxury houses in Malaysia linked to Halder, they said.

The ED said information about Halder’s properties in India and Malaysia and his bank accounts came to light during his interrogation over the past month.

The ED said Halder’s additional pretrial detention was necessary to get to the bottom of his money laundering activities since he snuck into India from Bangladesh, where he faces bank fraud cases , in 2019.

Shawanda H. Saldana