IT Department attaches Noida property of Mayawati’s brother

The IT Department on Thursday said it has attached a Rs 400 crore benami plot in Noida belonging to BSP chief Mayawati’s brother and his wife.



Enforcement Directorate attaches Rs 24.77 cr of properties of Choksi

The Enforcement Directorate (ED) attached immovable properties, valuables, vehicles and bank accounts with a total value of Rs 24.77 crore of fugitive diamond trader Mehul Choksi.

The action was taken under the Prevention of Money Laundering Act, 2002 in connection with the Punjab National Bank fraud case.

The ED has attached three commercial properties in Dubai, valuables, a Mercedes Benz E280 and Fixed Deposits controlled by Choksi, who is now said to be based in Antigua.


Business India

Deepak Talwar case; ED attaches Rs 120 cr Delhi hotel

The Enforcement Directorate (ED) on Saturday said it has provisionally attached Holiday Inn hotel worth Rs 120 crore in connection with a money laundering case against aviation lobbyist Deepak Talwar.

The hotel is located at Aerocity in Delhi and valued at around Rs 120.20 crore, it said.

Investigation against Talwar was initiated under the Prevention of Money Laundering Act (PMLA) in August 2017 on the basis of an FIR registered by the Central Bureau of Investigation against officials of the Civil Aviation Ministry, National Aviation Co of India Ltd, Air India and unknown private persons, the ED said in a statement.

“It has been revealed that Deepak Talwar illegally engaged in liasoning/lobbying with politicians, ministers, other public servants and officials of Ministry of Civil Aviation for airlines such as Emirates, Air Arabia and Qatar Airways for securing undue benefits for them.

“He illegally managed to secure favourable traffic rights for these airlines during 2008-09 at the cost of national carrier Air India,” the investigative agency said.

Investigations revealed that in lieu of securing favourable traffic rights, these airlines made payments to the tune of Rs 272 crore to Talwar in 2008-09, it added.

The ED alleged that Talwar created a web of entities owned by him and his family members in India and international offshore havens to launder the proceeds of crime.

“Part of these payments were made to a bank account in Bank of Singapore, belonging to a company – M/s Asiafield Ltd – registered in the British Virgin Islands and beneficially owned by Deepak Talwar.

“These proceeds of crime were layered through a series of international money transfers, to finally integrate in India in M/s Wave Hospitality Pvt Ltd, a company beneficially owned and controlled by Deepak Talwar and his family members in the name of his son Aditya Talwar,” it said.

“These proceeds of crime were then utilized in the construction of Holiday Inn in Aerocity, New Delhi,” it added.

Talwar fled the country in 2017 to avoid investigation. He was deported by immigration authority of Dubai on January 31 and arrested under PMLA. He is now in judicial custody.

The agency said that further investigation was in progress.



Enforcement Directorate attaches Shabir Shah’s Srinagar property

The Enforcement Directorate (ED) has attached the immovable property of Shabir Ahmad Shah, the President of the Jammu and Kashmir Democratic Freedom Party (JKDFP), in Srinagar in a terror financing case, the agency said on Friday.
JKDFP, a separatist political party launched by Shah in May 1998, favours tripartite talks involving India, Pakistan and Kashmir’s representatives.
The ED attached Shah’s property located in Effandi Bagh, Rawalpora which was being held in the name of his wife and daughters. The attachment was made under the Prevention of Money Laundering Act.
It was shown that the property had been gifted to Shah’s wife and daughters by his sisters-in-law in 2005, which was purchased in their name by his father-in-law in 1999, said the ED.
However, the agency said, that in spite of repeated opportunities given to his father-in-law and sisters-in-law, they failed to justify the sources of funds to acquire the property.
“Investigation has also revealed that Shabir Ahmad Shah is the de-facto owner of the property purchased vide unexplained source of fund by his father-in-law.”
Shah has been involved in carrying out “illicit activities” along with his accomplice Mohd Aslam Wani, an activist of the banned Jaish-e-Mohammad (JeM), said the ED.
“Shah was using Aslam Wani as a carrier for collecting hawala money sent by his Pakistan-based sympathizers through hawala operators to Srinagar,” said the ED.
During the investigation initiated by ED on the basis of charge sheet filled by Delhi Police, Shah admitted that he was not having any source of income and failed to explain any legitimate source of money for his expenses.
Investigation also revealed that he was in touch with Hafiz Saeed, chief of banned outfit Jamat-ud-Dawa, which is based in Pakistan, said the ED.
“Shah had been receiving money for carrying out separatist activities in J&K and has acquired various properties through a maze of dubious transactions,” the ED said.
Wani and Shah were arrested by the ED in 2017 on charges of money laundering. Wani was granted bail by the Delhi High Court in January 2019. Shah is still in judicial custody.
Earlier, the Special Cell of Delhi Police had filed a charge sheet alleging that in 2005 Wani was caught with 5 kg of explosive, a pistol with 15 live cartridges and Rs 62,96,000 in cash.
Wani reportedly admitted that Rs 52.96 lakh of the money belonged to Shah and was to be delivered to him in Srinagar.
He further revealed that Shah was directing hawala operators from Pakistan to deliver money to him in Delhi.
Wani also informed police that in the past also he has been acting as a carrier for Shah and has delivered Rs 2.08 crore on various occasions.

Missing arms case; NIA attaches Manipur MLA’s properties

The National Investigation Agency (NIA) has attached immovable properties of Manipur’s Saikul constituency MLA Yamthong Haokip in a missing arms case, the agency said on Friday.

The attached properties included the house of the MLA in Imphal in connection with the case, as this property constituted proceeds of “terrorism as defined in Section 25 of Unlawful Activities (Prevention) Act”.

Besides, the NIA also attached four separate plots valued at Rs 1.32 crore which are in the name of the MLA and his wife Sapam Charubala Devi.

The NIA has been investigating the case of missing 58 pistols of 9 mm from the Arms Kote of the battalion quarter guard armoury located on the premises of second Battalion of Manipur Rifles from June 1, 2018. The agency took over the case from the state police which registered it on March 30, 2018.

During investigation, 20 pistols were recovered, including one from the residential premises of the MLA.

The NIA had filed first chargesheet against eight accused on September 25, 2018.

Subsequently, the agency filed a supplementary chargesheet on January 25, 2019 against the MLA, David Hangshing (Chairman of Kuki Revolutionary Army), Lhunkhoson Haokip (Chariman of United Kuki Liberation front) and Th Diamond Singh (Driver of MLA Saikul).

All accused are currently in judicial custody.

On March 30, 2018, a written complaint was lodged by P. Manjit Singh, Commandant of second Battalion of Manipur Rifles, at Imphal police station.

In his complaint, Singh had mentioned that a committee was formed on February 8, 2018 to examine the present holding of arms and ammunitions of both the unit and the PHQ Pool three days after he resumed the charge of Commandant of Manipur Rifles.

The committee submitted its preliminary report on February 29, 2018, stating that out of 570 number of auto “9 mm 1 A pistols” received from the PHQ on September 11, 2014, 58 with magazines were missing.