۲۵ فروردين ۱۴۰۰

Recorded The Statements Of Several Witnesses

The couple, who have not been arrested so far, and the other accused are facing trial in the CBI case.This is the second charge sheet against Anand Chauhan.Besides 83-year-old Singh and his 62-year-old wife, the others named are Universal Apple Associate owner Chunni Lal Chauhan, Life Insurance Corporation (LIC) agent Anand Chauhan and two other co-accused, Prem Raj and Lawan Kumar Roach. The charge sheet, filed before Special Judge Santosh Snehi Mann, names six accused, including the former chief minister and his wife.The court, which had earlier granted ED time to file its supplementary charge sheet in the case, had directed it to submit a status report after the agency on January 18 sought one more month to complete the probe.

On November 5 last year, the apex court transferred Singhs plea from the Himachal Pradesh High Court to the Delhi High Court, saying it was not expressing any opinion on the merits of the case, but "simply" transferring the petition "in the interest of justice and to save the institution (judiciary) from any embarrassment".The ED had filed a separate case based on the CBI FIR.Anand Chauhan, arrested on July 9, 2016 by the ED under relevant provisions of the PMLA, was granted bail on January 2 in the money PS sheets manufacturers laundering case.The CBI has claimed that Singh had amassed assets worth around Rs 10 crore which was disproportionate to his total income..In a status report regarding its ongoing probe, the ED claimed it recently recorded the statements of several witnesses and investigated bank transactions.The Enforcement Directorate on Thursday filed a charge sheet in a Delhi court against former Himachal Pradesh chief minister Virbhadra Singh and his wife Pratibha Singh in a money laundering case.The court has kept it for consideration on February 12.

In a separate case filed by the CBI in relation to the matter, Singh, his wife and Chauhan were chargesheeted along with others.The charge sheet, filed before Special Judge Santosh Snehi Mann, names six accused, including the former chief minister and his wife.All have been charge sheeted under relevant provisions of Prevention of Money Laundering Act (PMLA).The matter was transferred by the Supreme Court to the Delhi High Court which, on April 6, 2016, asked the CBI not to arrest Singh and directed him to join the probe.The ED had earlier filed a charge sheet against him while it was probing the matter against other accused.The other accused in the CBI case are Chunni Lal Chauhan, stamp paper vendor Joginder Singh Ghalta, Managing Director of Tarani Infrastructure Vakamulla Chandrasekhar, and co-accused Lawan Kumar Roach, Prem Raj and Ram Prakash Bhatia.The CBI had claimed that Singh had amassed assets worth around Rs 10 crore which were disproportionate to his total income during his tenure as a Union minister

 

۴ فروردين ۱۴۰۰

Loan Amount Along With Interest Totalling

Shell companies are defined as those firms which are set up by nominal paid-up capital, high reserves and surplus on account of receipt of high share premium, investment in unlisted companies, no dividend income or high cash in handamong others.The charge sheet said Mallya had "formed a complex web structure of his group companies so as to indirectly control their affairs.Describing how the alleged siphoning off the funds happened in this case, the agency said, "It is suspected that major portion out of amount of Rs 417.Thus, it said, the accused have been "actually involved" with the concealment, possession, acquisition and use of the proceeds of crime and therefore knowingly and intentionally in the activity of money laundering as defined under section 3 of the PMLA and are liable for punishment under section 4 of thePMLA.""He has nominated directors in those companies who were either his personal staff, retired company official or a third China clear acrylic sheets manufacturers person," it said..

The total loan sanctioned and disbursed by the IDBI bank to KFA was Rs 860..A total of 9 accused have been named in the charge sheet by the ED including Mallya, Kingfisher Airlines (KFA), United Breweries (Holding) Limited and senior employees and executives of the now-defunct airline and the IDBI (Industrial Development Bank of India) bank. "An amount of Rs 63.Directors are dummy directors acting on behalf of Mallya."Thus, the acts of Mallya, Ms UBHL and others, establish that a criminal conspiracy was hatched for obtaining or sanctioning of bank loan to KFA in gross violations of established procedures and the airline had no intention forrepayment of loan of Rs 900 crore since beginning.92 crore.The over 5,000 page charge sheet or prosecution compliant, with 57 pages of the main report and rest annexures, has been filed before a special PMLA court in Mumbai."The said loan amount along with interest totalling Rs 1,301.67 crore therefore falls within the sweep of the proceeds of crime in terms of section."Mallya was holding directly or indirectly movable and immovable assets, in the form of shares of public listed companies, by way of creating a web of shell companies