New Delhi:  In order to tighten the noose around the aide of Baba Ramdev, Achraya Balakrishna, the Enforcement Directorate (ED) plans to take action against him under the Prevention of Money Laundering Act.

Accused of using fake educational degree for the procurement of Indian passport, Balakrishna is likely to lose ownership of his property. In such a situation, the property owned by Balakrishna will be seized by the ED. Notably, Balakrishna has 1oo percent share in Astha channel and other companies.

According to one of the senior official of Revenue Department, in case of action under Prevention of Money Laundering Act, the companies owned by Balakrishna will be seized. “By procuring passport in an unlawful manner, Balakrishna has earned financial benefit. Therefore, the possession earned by him will be considered illegal and be seized.”

He informed that the Department has received permission to take action against him and ED is planning to take further steps in this direction.

It needs to be mentioned that more than three dozen criminal cases are included under the Prevention of Money Laundering Act. One amongst them is the violation of Passport Act, for which Balakrishna is being quizzed by CBI.

Since violation of Passport Act is a crime under money laundering act, ED is independent to take an action against the accused.  Even, the ED can itself file a case against the accused. ED has already seized properties owned by Dr Amit Kumar (Kidney racket mastermind) and former Chief Minister of Jharkhand, Madhu Koda.