New Delhi: An appellate tribunal has ruled that a sum of Rs 32 lakh that Mohun Bagan had allegedly received from the Saradha group in a sponsorship deal was not "proceeds of crime" and should not be attached.

The Appellate Tribunal, Prevention of Money Laundering Act, Delhi, set aside an October 2014 order by the Enforcement Directorate that had provisionally attached the sum of Rs 32,11,797, lying in an Axis Bank account in Calcutta.

The Enforcement Directorate had earlier alleged the sum of money was part of an unregistered co-sponsorship agreement, worth Rs 2 crore, that Maidan giants Mohun Bagan had struck with the Saradha group and other sponsors towards its football events for 2010-11, 2011-12 and 2012-13.