Enforcement Directorate (ED) attached four properties having registered value Rs. 25,60,000/- of Ravi Cycle Ravi and his family.

Directorateé of Enforcement 30.03.2019 ATTACHMENT OF PROPERTIES UNDER PREVENTION OF MONEY LAUNDERING ACT-2002 Enforcement Directorate (ED) attached four properties having registered value Rs. 25,60,000/- of Ravi Cycle Ravi and his family. Investigation under Prevention of Money Laundering Act, 2002(PMLA) against Ravi a Cycle Ravi was initiated based on the various FIRs registered with Karnataka State Police for the allegation that he is a known notorious rowdy with various criminal cases registered against him in various Police Station in Karnataka out of which 8 are murder cases, kidnap cases,

robbery and extortion cases and a case under Arms Act. He is also known for extortion of money from innocent people, kidnapping for ransom and possessing Arms and Ammunitions illegally, and he has purchased various properties out of the Proceeds of Crime in the name of his family members. Three residential plots held in the name of his wife Smt. R Ramya and one residential site in the name of his mother Smt. Lakshmamma at Manganahalli Village, Kodigehalli Village Panchayat, Yeshwanthpur Hobli, Bangalore North Taluk and at B.M.Kaval Village, Kengeri Hobli, Bangalore totally valued Rs. 25,60,000/- as per registration were provisionally attached by the ED, Bangalore. Presently he is in Judicial Custody at Parappana Agrahara, Central Jail, Bangalore and there are many criminal cases under active trial as well as under investigation against Ravi @ Cycle Ravi.

City Today News

(citytoday.media)

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