India News | AgustaWestland VVIP Chopper Case: ED Searches Ex-Emmar MGF MD Shravan Gupta's Premises
Get latest articles and stories on India at LatestLY. The Enforcement Directorate (ED) on Wednesday carried out multiple searches on premises of Shravan Gupta, the former managing director of realty major Emmar MGF, and some others in connection with the AgustaWestland VVIP chopper money laundering case, officials said.
New Delhi, Jun 24 (PTI) The Enforcement Directorate (ED) on Wednesday carried out multiple searches on premises of Shravan Gupta, the former managing director of realty major Emmar MGF, and some others in connection with the AgustaWestland VVIP chopper money laundering case, officials said.
Raids are being carried out at nine premises in Delhi, Gurgaon and a few other locations in the National Capital Region, they said.
The searches are aimed at collecting evidence in connection with the Rs 3,600-crore VVIP choppers deal case, they said.
The action is being taken under the Prevention of Money Laundering Act (PMLA), the officials said.
Also Read | Popular Television Writer-Producer Shobhit Sinha Is Now a Voice Over Artist Too; Know More!.
Gupta was grilled by the ED in the case in 2016 to prove his purported links with Guido Haschke, an alleged middleman in this case. Haschke was an independent director of the realty firm between September and December in 2009.
The officials said that the fresh action against the businessman has come about after certain revelations made by the other accused in the case and some fresh evidence obtained by the agency.
The ED lodged the money laundering case following alleged irregularities in purchase of 12 VVIP choppers from Italy-based Finmeccanica's British subsidiary AgustaWestland. The deal was scrapped by India in 2014.
The agency, in 2018, seized assets worth Rs 10.28 crore of Gupta on charges of he allegedly holding undisclosed deposits in a Swiss bank account.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)