BEFORE RAJESH MALHOTRA, MEMBER; SINGLE BENCH: APPELLATE TRIBUNAL UNDER SAFEMA; AT NEW DELHI.

FPA-PMLA-1872/DLI/2017 Shri Anirudh Narian Aggarwal … Appellant Versus The Deputy Director, ED Delhi … Respondent Advocates/Authorized Representatives who appeared For the Appellant : S/Sh. RP Thakur, Awanish Kumar, Sanket Ambali, Advocates, For the Respondent : Sh. Munindra Dwivedi, Advocate.

FINAL ORDER

20.06.2024 Present appeal U/s 26 of Prevention of Money Laundering Act, 2002, is filed against the impugned order dated 14.06.2017 passed by the Adjudicating Authority, in Original Application no.78/2017 vide which respondent-ED was permitted to retain the documents and articles seized from the possession of appellant Anirudh Narain Aggarwal, detailed as under:

(i) Five bars of metal yellow in colour, (ii) Five pieces of precious stones appear to be diamond, (iii) One hand written note/pieces of paper showing weight and quality of precious stone.

2. As per the facts of the case, F.I.R No.416/2016 dated 29.11.2016 was registered by the Delhi Police, into alleged case of fraudulently converting demonetized black money into Gold by way of depositing the same in the accounts of front companies havi