Synopsis: Premises linked to Mohammed Haris Nalapad and Omar Farook Nalapad, the Shantinagar MLA’s sons, and an alleged crypto hacker, Srikrishna Ramesh alias Sriki, and other accused people are being inspected.
Officials of the Enforcement Directorate are simultaneously searching multiple locations across Karnataka, including the premises of Congress MLA NA Harris’s two sons, in a cryptocurrency-linked money laundering case.
Premises linked to Mohammed Haris Nalapad and Omar Farook Nalapad, the Shantinagar MLA’s sons, and an alleged crypto hacker, Srikrishna Ramesh alias Sriki, and other accused people are being inspected.
The searches are based on multiple FIRs and chargesheets the Karanataka police had filed in 2017, alleging offences such as hacking of national and international websites and stealing of bitcoins, allegedly by Sriki and his associates.
The stolen virtual digital assets were sold through crypto trading platforms, and the proceeds were routed through bank accounts and used for personal gains, the ED said.
Officials said that the MLA’s sons were suspected of being among the beneficiaries of the proceeds of crime generated through this alleged crypto-linked crime. The duo were reportedly close to Sriki.
“The searches are being conducted under the Prevention of Money Laundering Act (PMLA), 2002. The investigation so far has revealed that Mohammed Harris and Omar Farook are close associates of Srikrishna Ramesh and are the main beneficiaries of Proceeds of crime,” the ED said in a statement.
The central agency said further investigation is on.