The Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) are attempting to tighten the noose round actual beneficiaries” of the 70 million euro bribe paid in AgustaWestland rip-off, officers aware of the event mentioned. According to Enforcement Directorate, which has already filed half a dozen charge sheets in the case, total 12% kickbacks - around Euro 70 million, was by the Anglo-Italian firm - AgustaWestland through two sets of middlemen - Christian Michel James & Guido Ralph Haschke - for further payments in India to influence the Rs 3,727 crore 12 helicopter VVIP chopper deal.
New Delhi, June 25 (IANS) A day after the Enforcement Directorate (ED) raided seven premises linked with MGF Chairman Shravan Gupta in connection with its probe into Rs 3,600 crore AgustaWestland VVIP chopper case, Emaar India said that it has parted ways with MGF a few years back and Gupta has no role with it.



On significant delays in its ongoing projects and buyers protest, Emaar MGF said: "We would further like to submit that under the leadership of Emaar, the key focus of the company presently is to fast track development of the ongoing projects." The management would ensure that the international best practices of Emaar will be implemented in the projects of the company and the quality of the developments will be of Emaar's international standards.
Separately, the court ordered CBI to return five cars seized from former Karnataka Minister Gali Janardhan Reddy in the Obulapuram Mining Company case. Gupta was grilled by the ED in the case in 2016 to prove his purported links with Guido Haschke, an alleged middleman in this case.

The agency, in 2018, seized assets worth Rs 10.28 crore of Shravan Gupta on charges of he allegedly holding undisclosed deposits in a Swiss bank account. Shravan Gupta — : Get all the latest news and updates on Shravan Gupta only on Read all news including political news, current affairs and news headlines online on Shravan Gupta today.
In 2018, the ED had seized assets worth Rs 102.8 million linked to Emaar MGF Managing Director Shravan Gupta under Foreign Exchange Management Act. The proceedings had gained momentum when the court on November 12 took cognisance of the prosecution initiated by the department against Dabur India director Pradip Burman, one of the seven businessmen named by the department before Supreme Court.

The Enforcement Directorate on Wednesday conducted searches at seven locations linked to businessman Shravan Gupta in connection AgustaWestland VVIP chopper deal case. The Enforcement Directorate on Wednesday carried out searches at seven places linked to businessman Shravan Gupta in connection AgustaWestland VVIP chopper deal case.
In 2018, the ED had seized property price Rs 102.eight million linked to Emaar MGF Managing Director Shravan Gupta below International Change Administration Act. Shravan Gupta is an entrepreneur who is not only helping our nation become more modernised every day, but he is also the entrepreneur who understands his social responsibility and takes steps accordingly.
The case pertains to buying of 12 AgustaWestland helicopters built by Italian defence manufacturing giant Finmeccanica (now known as the group) at an estimated cost of Rs 3,600 crore for ferrying VVIPs. The Enforcement Directorate on Wednesday carried out multiple searches on premises of Shravan Gupta, the former MD of realty major Emaar MGF in connection with the AgustaWestland VVIP chopper money laundering case.

Shravan Gupta India MGF journey in the business world began as he joined his family business, MGF ltd. The Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) are trying to tighten the noose around real beneficiaries” of the 70 million euro bribe paid in AgustaWestland scam, officials familiar with the development said.