Money Laundering Case: ED Files Complaint Against Former Jalandhar Sub-Postmaster took centre stage this week after the Enforcement Directorate (ED) filed a prosecution complaint against former Sub-Postmaster Sanjeev Kumar and his associates. The Money Laundering Case investigation uncovered large-scale fraud, manipulation of postal savings accounts and embezzlement of crores in public funds.
The ED submitted the complaint on November 21 after an extensive probe triggered by a CBI FIR. The FIR accused Sanjeev Kumar of cheating, forgery, criminal conspiracy and corruption during his tenure. Investigators say Kumar ran a calculated fraud network that created fake accounts, altered records and diverted deposits collected from unsuspecting customers.
ED officials revealed that Kumar opened 54 fake savings accounts, causing a loss of ₹3.4 crore. He also manipulated entries in 41 savings accounts, adding another ₹2.79 crore loss. Further tampering in 51 recurring deposit accounts resulted in an additional ₹1.89 crore loss. In total, he allegedly withdrew ₹8.48 crore through cash transactions and several bank accounts operated by him and his accomplices.
Officials say Kumar used the proceeds of crime to maintain a lavish lifestyle, gamble heavily and purchase properties. They also traced multiple laundering attempts through accounts opened in the names of Sajni Bala and Kewal Krishan.
