All posts tagged: ScamLinked

Delhi court grants bail to I-PAC co-founder Vinesh Chandel in Bengal coal scam-linked money laundering case

Delhi court grants bail to I-PAC co-founder Vinesh Chandel in Bengal coal scam-linked money laundering case

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A Delhi court on Thursday granted bail to I-PAC co-founder and director Vinesh Chandel in a money laundering case linked to an alleged coal scam in West Bengal. Additional Sessions Judge Amit Bansal noted that the Enforcement Directorate (ED) has not opposed the bail plea. Earlier on April 14, the court had allowed the ED to quiz Chandel in its custody for 10 days, saying there are reasons to believe that he was actively involved in processes and activities connected with the generation, diversion and possession of proceeds of crime worth several crores. The ED arrested Chandel on April 13 after questioning. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Money Laundering Case Filed Against Siddaramaiah In Land Scam-Linked Probe

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Bengaluru: Karnataka Chief Minister Siddaramaiah has been accused in a money laundering case filed by the Enforcement Directorate in connection with the alleged Mysuru Urban Development Authority (MUDA) land scam. The case was filed after the Enforcement Directorate took note of a First Information Report filed by the Lokayukta.  Besides Mr Siddaramaiah, his wife BM Parvathi, brother-in-law Mallikarjuna Swamy and Devaraju — from whom Swamy had purchased land and gifted it to Parvathi — and others have been named in the FIR registered by the Lokayukta police on September 27.  The FIR was filed following the orders of a special court, after the Karnataka High Court upheld Governor Thaawarchand Gehlot’s clearance for an investigation against the Chief Minister. The MUDA case involves allegations of illegalities in the allotment of 14 sites to Mr Siddaramaiah’s wife by the authority. It has been alleged that compensatory sites allotted to Mr Siddaramaiah’s wife – located in an upmarket area in Mysuru – is far higher than the land acquired from her by MUDA. Mr Siddaramaiah has denied any …

VVIP Chopper Scam-Linked Company Defsys Solutions, Also Part Of Rafale Deal, Blacklisted

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Defsys Solutions is part of the Rs 58,000-crore deal to supply 36 Rafale jets to India. New Delhi: A Bengaluru-based firm which is part of the Rs 58,000-crore Rafale deal has been suspended from business dealings by the defence ministry allegedly for its role in the infamous AgustaWestland VVIP helicopter deal. Defsys Solutions was added to the list of ‘put on hold/suspended’ firms’ list yesterday. The firm is run by Sushen Gupta, who was arrested by the Enforcement Directorate in 2019 for alleged money laundering in the Rs 3,546 crore deal to supply 12 VVIP helicopters to India. He was granted bail later. French firm Dassault Aviation, the company that manufactures Rafale fighter jets, has created a joint-venture with Reliance Group. This joint-venture, Dassault Reliance Aerospace Ltd (DRAL), was created February 10, 2017. Dassault Aviation also partnered with Defsys Solutions. As part of the agreement, Defsys had supplied 50 replica models of Rafale to Dassault Aviation. “Other partnerships have been signed with other companies such as BTSL, Defsys Solutions, Kinetic, Mahindra, Maini, SAMTEL,… Other negotiations …