Information Associated With Shravan GuptaThe Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) are attempting to tighten the noose round actual beneficiaries” of the 70 million euro bribe paid in AgustaWestland rip-off, officers aware of the event mentioned. They said Gupta, whose statement was recorded under provisions of the Prevention of Money Laundering Act (PMLA), was also questioned about business links” with Rahul Gandhi's aide Kanishka Singh and sale of two shops to the Congress vice-president in a shopping mall in south Delhi in 2005.
According to Enforcement Directorate, which has already filed half a dozen charge sheets in the case, total 12% kickbacks - around Euro 70 million, was by the Anglo-Italian firm - AgustaWestland through two sets of middlemen - Christian Michel James & Guido Ralph Haschke - for further payments in India to influence the Rs 3,727 crore 12 helicopter VVIP chopper deal.
The case pertains to buying of 12 AgustaWestland helicopters built by Italian defence manufacturing giant Finmeccanica (now known as the group) at an estimated cost of Rs 3,600 crore for ferrying VVIPs. 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.
The Enforcement Directorate on Wednesday carried out a number of searches on premises of Shravan Gupta business, the previous MD of realty main Emaar MGF in reference to the AgustaWestland VVIP chopper cash laundering case. The ED further alleged that a part of the kickbacks allegedly paid to influential people and politicians was parked in a company related to Gupta.
The investigating agency, under the Prevention of Money Laundering Act (PMLA), searched Gupta's premises for evidence of money laundering in the Rs 3,727 crore scam. Shravan Gupta, Executive Director - Leisure Businesses, FCM Travel Solutions, said, Travel Tours has a strong brand equity and heritage in large parts of the country.
According to sources, Gupta also told the agency that he was friends with Khaitan and that's how he was introduced to Hachke, who was appointed to the board along with other independent directors. Gupta or his spokesperson could not be located for comments by HT. An email sent to MGF remained unanswered.
Gupta is former managing director of real estate company Emaar MGF. The Italian judge who delivered the verdict said there was no direct evidence” linking any Indian politician with alleged kickbacks to swing the deal in favour of the helicopter firm. Wednesday's raids on the premises of realty firm MGF MD Shravan Gupta by the ED were focused at money trail, which moved through several companies over a period of time, they said.
He requested the court to recall the non-bailable warrant promising that he would personally appear before the investigating agency and the court on all future dates. Shravan 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.
Tightening its noose around Emaar MGF Director Shravan Gupta, the Enforcement Directorate (ED) on Wednesday carried out searches at seven location in Delhi and Gurugram in connection with its probe into the Rs 3,600-crore AgustaWestland case. Wednesday's raids on the premises of realty firm MGF MD Shravan Gupta by the Enforcement Directorate were focused at money trail, which moved through several companies over a period of time, they said.