Visakhapatnam’s Enforcement Directorate office has struck hard against corruption in the railway sector. In a decisive move under the Prevention of Money Laundering Act (PMLA), 2002, the agency has provisionally attached immovable and movable properties worth ₹1.39 crore belonging to Allaboinaina Satish, a former Deputy Chief Engineer from the 2001 batch of Indian Railway Service of Engineers.
Satish, who served as Deputy Chief Engineer (Design) at North Frontier Railway’s Maligaon headquarters in Guwahati, amassed these assets far beyond his known sources of income. The attached properties include nine residential flats and plots registered in his name, his wife’s name, and those of his in-laws. Additionally, three fixed deposits stand in the names of Satish, his spouse, and his father-in-law.
This action stems from a CBI FIR registered by the Anti-Corruption Branch in Visakhapatnam, invoking Sections 13(2) read with 13(1)(e) of the Prevention of Corruption Act, 1988. The CBI chargesheet reveals that between April 1, 2008, and January 24, 2016, Satish acquired assets valued at ₹1.39 crore—83.30% more than his declared income during that period.
ED investigations uncovered a web of fraudulent accumulation. Satish layered proceeds of crime through large cash deposits into bank accounts held by himself, his wife, and father-in-law. These funds were then channeled via bank transfers to purchase properties, while in some instances, cash was handed directly to acquaintances to mask the trail.
Despite opportunities, Satish failed to provide any satisfactory explanation or valid documents proving legitimate sources for these acquisitions. The ED confirmed these assets as tainted with illegal earnings, necessitating attachment to prevent dissipation or transfer.
This case underscores the ED’s ongoing crusade against railway corruption and disproportionate assets. Originating from a 2016 CBI case, the PMLA probe aims to confiscate crime proceeds and deter those defrauding public coffers. Investigations continue, with potential for further attachments and actions.