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ED files fresh charge sheet against Unitech, promoters

New Delhi, Feb 18 (UNI): The Directorate of Enforcement on Friday filed a fresh charge sheet against realty group Unitech, its promoter brothers Sanjay Chandra, Ajay Chandra and others under the provisions of the Prevention of Money Laundering Act.

The investigating agency had conducted about 43 raids and issued 11 attachment orders, including 297 domestic and overseas assets worth a total of Rs 763 crore.

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ED had registered a money laundering case against the group, its promoters and linked companies on June 6, 2018, on the directions of the Supreme Court.

The agency had filed a charge sheet against Sanjay Chandra, Ajay Chandra, Ramesh Chandra (their father and founder of Unitech group), Preeti Chandra (wife of Sanjay Chandra), Rajesh Malik (promoter of accused company Carnoustie group), and 66 domestic and overseas companies.

ED filed the second charge sheet against the accused as the first was filed on December 2, 2021. In this matter, the agency has attached the properties of other accused companies like Carnoustie Group, Shivalik Group, Trikar Group as well as the personal and shell (dummy) companies linked to the Chandra’s.

ED said the total ‘proceeds of crime’ detected in this case stand at Rs 6,352 crore and it has also filed five status reports before the apex court, updating it about the investigation being conducted under the provisions of PMLA.

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