Sunday, February 28, 2021
Home News Reports ED arrests Gagan Dhawan for Rs. 5000 crore scam

ED arrests Gagan Dhawan for Rs. 5000 crore scam

Enforcement Directorate (ED) today arrested Gagan Dhawan, alleged to be Ahmed Patel’s close aid, under the Prevention of Money Laundering Act (PMLA) in a case involving bank fraud of over Rs. 5,000 crore.

Dhawan is said to be a close aide of Congress leader Ahmed Patel and advisor to Congress President Sonia Gandhi. Earlier, in September, an FIR filed by CBI named Irfan Siddiqui, son in law of Ahmed Patel, for allegedly bribing top Income Tax officials for hushing up the raids and huge money trail data seized from Sterling BioTech and Sandesara Group of companies.

There are speculations that Dhawan, has in the past. bought farm houses for Congress leaders.

Earlier, in August, ED had carried out raids in 12 places of former Congress leader Shaukeen and Gagan Dhawan under the Foreign Exchange Management Act (FEMA). The premises raided included a flat in south Delhi’s upscale East of Kailash area, five flats in Vasant Kunj including the office of Aaina Marble Pvt Ltd, a farmhouse in Bijwasan, a flat in Inraprakash building in the Barakhamba area of central Delhi, a flat in Chanakyapuri and a flat in Chawla area of the national capital. ED officials said they had received initial information that black money of politicians and bureaucrats was being converted into white.

According to CBI, the company had taken loans of over Rs 5,000 crore from a consortium led by Andhra Bank which have turned into non-performing assets. The FIR mentioned that the total pending dues of the group companies were Rs 5,383 crore as on December 31, 2016. The ED had taken cognizance of this FIR to file a money laundering case against them.

Last week, Gujarat ATS had arrested two suspected ISIS operatives from Gujarat who were allegedly plotting an attack on a Jewish synagogue in Ahmedabad. A day later, in a press conference, Gujarat Chief Minister Vijay Rupani had claimed that the two men were employed in a hospital of which Congress leader Ahmed Patel was a patron. However, Ahmed Patel has dismissed this allegation.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Hindu Mahasabha asks Rahul Gandhi to change Congress’ name to ‘Godsevadi Congress’ after Godse follower joined party: Read why

Hindu Mahasabha has advised Congress leader Rahul Gandhi to change the name of the Congress party to Godsevadi Congress.

As desperate Pakistan welcomes the Indo-Pak ceasefire with much fanfare, India takes it with a caution

The latest ceasefire agreement between India and Pakistan comes nearly 17 years after such an agreement was first signed

Encryption vs Compliance: The new IT Act guidelines put messaging services like WhatsApp in a tight situation

To comply with the new IT Act guidelines, services like WhatsApp will have to break its famous end-to-end encryption

Is Yogendra Yadav now an anti-election activist?

“We should have an outcome very soon, we do not have a mandate.” These were the words of Yogendra Yadav after Bihar elections

Yogi Adityanath’s Uttar Pradesh advances to the second position on the GSDP list ahead of Tamil Nadu, was fifth only a year ago

Amidst economic gloom induced by the pandemic, Uttar Pradesh under the leadership of Yogi Adityanath has recorded impressive GSDP figures

A 2 minute video with 16 cuts: Pakistan releases new doctored video of Wing Commander Abhinandan days after committing to peace at LoC

Pakistan has released a new video of Wing Commander Abhinandan who had fallen into the hands of the Pakistani Army.

Recently Popular

Did Aamir Khan’s daughter Ira Khan elope with her Hindu servant? Here is the truth

The image that is being used to claim that Iran Khan has 'eloped with her Hindu servant' was originally shared by Nupur Shikare, her fitness trainer. The two were posing on the occasion of Diwali.

US President Joe Biden casually drops the N-word during Munich Security Conference, accused of racism on social media

The N-word is considered as one of the hateful words that were first uttered in the 17th century. Its origin can be traced back to the Spanish word 'negro', which is often used by white supremacists to deliberately offend the African-American community.

Father of Richa Bharti, the girl who had refused to distribute Quran to secure bail, shot dead in native Bihar village: Read details

The father of the daring Bihar girl Richa Bharti has been shot down by assailants in her native village of Nalanda district in Bihar.

Father of 6, Mehtab Rana, abducts minor by shrouding her in Burqa, had abducted the girl twice in 2018, role of in-laws, family suspected

Kidnapping of a 17-year-old girl in Agra, where accused made her wear a 'burqa', has sent shockwaves and resulted in outrage

‘His opinion less than objective and reliable, his conduct questionable’, says UK court about justice Markandey Katju in Nirav Modi extradition order

The UK Court rejected Justice Katju's argument that Nirav Modi will not get fair trial in India, and exposed his hypocrisy

“A contest between my ball and your ball”: Netizens in splits after comments of Harsha Bhogle go viral

Harsha Bhohgle said that a cricket contest should be between bat and ball, not between bat and bat or ball and ball
- Advertisement -

 

Connect with us

253,133FansLike
520,783FollowersFollow
23,800SubscribersSubscribe