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Financial crime investigating agency Enforcement Directorate has arrested two people for suspected money laundering in the Bikaner land scam. The land scam allegedly involves the real estate firm Skylight Hospitality Pvt Ltd that lists Robert Vadra as one of its directors. The accused arrested were identified as Jaiprakash Bagarwa and Ashok Kumar.The ED has obtained important leads while investigating the Kolayat (Bikaner) land scam case and arrested the main fraudsters. Though the two arrested are not employees of Skylight, Kumar is a close aide of Mahesh Nagar, who is listed as an “authorised representative” in the website of the real estate firm, the ED informed. Kumar was used as conduit by Mahesh Nagar, who knew the fraudulent nature of land,Officials said Skylight Hospitality had purchased 69.55 hectares of land for Rs 72 lakh and then sold it to Allegeny Finlease for Rs 5.15 crore, earning profit of Rs 4.43 crore.During investigation it was found that Allegeny Finlease as a company is not involved in any real business activities and many of its share holders were found to be dummy or nonexistent,” Earlier, the ED had attached assets of government officials and others worth Rs 1.18 crore in connection with the case.The ED is probing the alleged scam in the purchase of land in the Kolayat area of the border town in Rajasthan.The government had cancelled the mutation (transfer of land) of 374.44 hectares of land, after allotments were found to have been allegedly made in the names of “illegal private persons”.
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