Allow Cookies!
By using our website, you agree to the use of cookies
Augustawestland case: Ed attaches assets of approver Rajiv Saxe.
In the Augusta West land VVIP choppers money laundering case, the Enforcement Directors on Friday, attached assets including five Swiss Bank accounts, which worth Rs. 385.44 crore of the middle man Rajiv Saxena. Properties which summed up to the value of Rs. 50.90 million and moreover a provisional order under the Prevention of Money laundering (PMLA) was also been issued. Two cases majorly which were probed by the central agency that is the Rs. 3,600 crore VVIP choppers case and the Moser Baer bank fraud case. And the accused stay disclosed of the designation businessman Ratul Puri and his father Deepak Puri. Ratul Puri lays an infamous identity, being the nephew of the Former Chief Minister of the State Madhya Pradesh, Kamal Nath. “The attached assets include a villa in Palm Jumeriah Dubai, worth 20 million AED and alances in five swiss bank accounts amounting to $45.55 million” the agency said in a statement. The ED arrested Saxena, a Dubai- based businessman and was then deported to UAE on January 31 last year. The agency with all its power approached the Delhi High Court seeking no resistance to accord Saxena with bail in the VVIP choppers case and also stated that he hadn’t disclosed the immense facts related to the offence. The next plead will be taken on the 3rd of June. It was highly observed how the misuse of loans and banks could take place. Moreover Ratul Puri is issued with the bail. "The accounts of Moser Baer India Ltd were classified as a non-performing asset in 2014. Investigation in the case has revealed that the proceeds of crime generated by Deepak Puri out of the bank fraud were received and kept by Rajiv Saxena till 2018 through accounts maintained for Deepak Puri and also equity has been transferred from an undisclosed entity based in Bahamas," the ED statement said. Later the agency state about the proceeds which were transferred to Rajiv Saxena.
86540
103860
630
114
59824