The Enforcement Directorate (ED) has conducted searches on the locations of work ofDHFLand Dheeraj Realty in Mumbai merely about their alleged dealings with Iqbal Mirchi.
The searches were carried to study loans given to Sunblink Builders, which bought three properties from Iqbal Mirchi price Rs 225 crore in 2010.
Sunblink is a firm of Dheeraj Realty, whose promoter is the brother of DHFL Chairman and Managing Director Kapil Wadhawan. Sunblink acquired loans price Rs 2,186 crore for these properties, which it is but to repay in full to DHFL.
“A few of the amounts were paid in dummy bank accounts in Chennai and a section of price took plot in Dubai besides which is under investigation,” an ED doc be taught.
Kapil Wadhawan change into once introduced to the Enforcement Directorate’s premises for additional questioning. The ED has additionally done the questioning of Dheeraj Wadhawan, from Dheeraj Realty.
The ED has additionally learned from their investigation that a main amount of money change into once flown out from India.
The court has additionally prolonged the ED’s custody of Ranjit Singh Bindra for four extra days and this might maybe even be total on October 23.
As per documents provided in court by the ED and considered by Moneycontrol, well-known law firm Hariani & Co is under the scanner of the ED. The ED alleged that Ajay Vazirani, who’s a partner of Hariani & Co, facilitated payments to Iqbal in Dubai.
On the vital instance, Vazirani denied ever assembly with Iqbal Mirchi’s family or having facilitated payments for them. He changed his stance after being confronted with Ranjit Singh Bindra, the dealer who’s in custody of the Directorate. As per the documents, Ajay accredited that he met Iqbal Mirchi’s family foreign.
Thereafter, Ajay Vazirani offered the info on payments made by Sunblink to Iqbal Mirchi thru some corporations/entities in Dubai.
Lots of texts and calls made to Ajay Vazirani went unanswered.
Sunny Bhatija, Director of Sunblink Builders, in his commentary, admitted that every person negotiations with Iqbal Mirchi and his friend Hamayun Merchant were conducted by Ranjit Singh Bindra who’s in ED custody.
Bindra had charged Rs 30 crore to dealer the deal. He’s additionally a relative of Dheeraj Realty promoters the Wadhawans.
The ED on October 18 conducted a 12-hour interrogation with used Maharashtra MP Praful Patel. The Directorate puzzled Patel about financial transactions with Iqbal Mirchi’s family and his assembly with Iqbal Mirchi in London.
The Directorate learned about a few phone calls made by Patel to Iqbal Mirchi thru standard friend who’s additionally under probe. Patel is inclined to be known as for the next spherical of questioning subsequent week.The Huge Diwali Discount!
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