The Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) try to tighten the noose round actual beneficiaries” of the 70 million euro bribe paid in AgustaWestland rip-off, officers aware of the occasion talked about. The proceedings had gained momentum when the court Shravan Gupta on November 12 took cognisance of the prosecution initiated by the division in opposition to Dabur India director Pradip Burman, one of many seven businessmen named by the department earlier than Supreme Court docket.
They stated Gupta, whose statement was recorded underneath provisions of the Prevention of Money Laundering Act (PMLA), was additionally questioned about enterprise links” with Rahul Gandhi's aide Kanishka Singh and sale of two retailers to the Congress vice-president in a shopping mall in south Delhi in 2005.



Shravan Gupta made ‘Miraj Maximum' which made the whole mall expertise ten times better. Emaar Properties, which entered India in 2005 with largest FDI within the realty sector, has invested about Rs 8,500 crore in Indian real property market via its JV agency.
Shravan Gupta is registered with Ministry of Corporate Affairs (MCA). Earlier, in a separate case pertaining to foreign exchange change violation, ED had seized Gupta's belongings worth Rs 10.28 crore in 2018 for allegedly holding undisclosed deposits in a Swiss bank account.

CBI has questioned a prime official of Emaar MGF in reference to the multi-crore land scam in Hyderabad allegedly involving the builder. The Enforcement Directorate (ED) will proceed questioning former IAF Chief SP Tyagi on Thursday. The BJP levelled recent accusations at the previous UPA government in Rajya Sabha q uoting the letter written by the alleged main middleman Christian Michel in the choppers deal.
Mr. Shravan Gupta's resolution changed the whole recreation of the mall enterprise. The Enforcement Directorate (ED) just isn't satisfied by the responses of Shravan Gupta, the promoter of Emaar, a joint venture of Emaar MGF. Haschke was an impartial director of the realty agency between September and December in 2009.
The proceedings had gained momentum when the courtroom 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 earlier than Supreme Court.

They stated Gupta, whose assertion was recorded underneath provisions of the Prevention of Cash Laundering Act (PMLA), was also questioned about enterprise hyperlinks” with Rahul Gandhi's aide Kanishka Singh and sale of two outlets to the Congress vice-president in a shopping mall in south Delhi in 2005.
The Enforcement Directorate on Wednesday carried out a number of searches on premises of Shravan Gupta, the previous MD of realty major Emaar MGF in reference to the AgustaWestland VVIP chopper cash laundering case. The Dubai real property developer entered India 10 years ago with an investment of more than Rs 7,500 crore in joint venture Emaar MGF Land Ltd.

The searches are geared toward amassing evidence in connection with the Rs 3,600-crore VVIP choppers deal case, they stated. This was "as a result of statutory requirement of getting an equal number of unbiased administrators on the board (in our case six) to be eligible for a public listing," Emaar had stated earlier.

ED questioned the managing director of realty agency Emaar MGF in connection with its probe into the VVIP chopper deal. ED which has been probing the cash laundering angle in the case, has summoned cousins of Tyagi after his round of questioning is over apart from realty firm Emaar MGF's boss Shravan Gupta.
CBI sources mentioned N V Tyagi was a part of a crew of senior officers who have been concerned in the deliberations to alter the technical specifications of the VVIP helicopters. A special CBI court docket right here in the present day directed Emaar MGF Land Managing Director Shravan Gupta to seem earlier than the central probe company from tomorrow till September 6.