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India
pti-PTI
New Delhi, Oct 04: The Enforcement Directorate on Monday arrested Unitech founder Ramesh Chandra, his daughter-in-law Preeti Chandra and an govt of an organization in reference to a money-laundering probe in opposition to the true property group and its promoters, officers stated.
They stated the three had been taken into custody beneath the provisions of the Prevention of Cash Laundering Act (PMLA) within the case in opposition to Ramesh Chandra’s sons — Sanjay Chandra and Ajay Chandra.
Preeti Chandra is the spouse of jailed Unitech promoter Sanjay Chandra.
The third to be arrested on Monday was Rajesh Malik, an govt of Carnoustie Administration (India) Pvt which is allegedly linked to the case, officers stated.
All of the three — Ramesh Chandra, Preeti Chandra and Rajesh Malik — might be produced earlier than a courtroom on Tuesday by the Enforcement Directorate in search of their custody.
The Chandra brothers, accused of siphoning house patrons’ cash, are lodged in Taloja jail in Mumbai after the Supreme Courtroom directed that they be transferred from Tihar. The SC gave the instructions after the ED claimed that the brothers had been conducting enterprise from contained in the Tihar jail by conniving with the jail employees.
The ED’s cash laundering case is predicated on plenty of Delhi Police Financial Offences Wing and CBI FIRs filed by homebuyers in opposition to the Unitech Group and its promoters.
The ED filed a prison case beneath numerous sections of the PMLA earlier this yr in opposition to the Unitech Group and its promoters over allegations that the house owners — Sanjay Chandra and Ajay Chandra — illegally diverted over Rs 2,000 crore to Cyprus and the Cayman Islands.
It had additionally carried out raids on this case on March 4 at 35 areas of the Shivalik Group, Trikar Group, Unitech Group and Carnoustie Group in Mumbai and the nationwide capital area.
The ED had stated that the full proceeds of crime detected on this case stands at Rs 7,638.43 crore and it has connected properties price Rs 672.52 crore until now as a part of this investigation.
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