Representational image | Photo: ANI
New Delhi: Popular Front of India formed a real estate company in Munnar in Idukki to launder unaccounted money they received from abroad, said the Enforcement Directorate.
ED made the statement in a charge sheet filed against Abdul Razaq Peediyakkal and Asharaf Khadir who have been accused of laundering funds to the tune of Rs 22 crore, under the Prevention of Money Laundering Act (PMLA). The case is considered by a Special PMLA Court in Lucknow.
The duo created a company called Munnar Villa Vista to launder the money. Razaq sent Rs 34 lakh to 'Rehab India', an organisation that has ties with PFI, from the UAE, the agency claims. He has also given Rs 2 lakh to SDPI president MK Faizy. Asharaf, PFI state executive member, is accused of using his restaurant in Abu Dhabi for money laundering.
The money was used for 'terrorist activities', ED says.