Shravan Gupta VideosThe Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) are attempting to tighten the noose spherical precise beneficiaries” of the 70 million euro bribe paid in AgustaWestland rip-off, officers conscious of the occasion talked about. The CBI in its FIR on August 17 alleged that APIIC's former CMD and currently the Principal Secretary (Home) B P Acharya, administrators of Emaar Properties, administrators of Emaar Hill Township Non-public Restricted (EHTPL), Emaar MGF Land Private Ltd, Trendy Properties Pvt Ltd and unknown public servants and "unknown others" entered right into a "prison conspiracy" to cheat APIIC which in flip resulted in wrongful achieve to Emaar.
Earlier, in a separate case pertaining to forex trade violation, ED had seized Gupta's property worth Rs 10.28 crore in 2018 for allegedly holding undisclosed deposits in a Swiss checking account. Gupta is today the promoter of realty firm MGF. Haschke was an impartial director of the realty firm between September and December in 2009.
The ED slapped money laundering prices in this case following allegations of irregularities in buy of 12 VVIP choppers from Italy-based Finmeccanica's British subsidiary AgustaWestland. The case pertains to buying of 12 AgustaWestland helicopters built by Italian defence manufacturing large Finmeccanica (now often known as the group) at an estimated price of Rs three,600 crore for ferrying VVIPs.
The ED had earlier examined Mr. Gupta in 2016, following allegations that Guido Haschke, one of many middlemen in the deal, had been appointed as non-government” director in Emaar-MGF in September 2009. The homes of 4 Indian college students, who had been brutallly assaulted by a gaggle of youngsters in Australia have been burgled, whilst considered one of them battles for all times at a hospital.
The money, ED has stated, was quid professional quo to make the corporate eligible for the contract of AW-a hundred and one helicopters in 2010. Led by Shravan Gupta, TTG is a four a long time old firm offering journey services ranging from leisure, corporate journey, MICE, visa, and so forth.
The property have been seized under Half 37A (1) of Worldwide Change Administration Act (FEMA) from brothers Shravan Gupta and Rajiv Gupta for holding USD 15,40,650 within the checking account maintained with Hong Kong and Shanghai Banking Firm (HSBC), Switzerland,” ED had talked about in an announcement.
Shravan Gupta, Executive Director - Leisure Businesses, FCM Travel Solutions India (the Indian arm of Flight Centre Journey Group, Australia) said, Over the previous couple of years, Surat has grown to turn out to be one of the fastest developing cities in the country with always rising journey calls for of two to three trips in a year per family.
The ED slapped money laundering fees on this case following allegations of irregularities in acquire of 12 VVIP choppers from Italy-based mostly Finmeccanica's British subsidiary AgustaWestland. Officials Shravan Gupta business believe Gupta had hyperlinks with European middleman Guido Haschke, who played a key role in bringing the bribe money to India.
Emaar India, a part of Dubai-based mostly realty major Emaar Properties, has appointed Prashant Gupta as CEO to strengthen its business. The ED had then alleged that Shravan Gupta had not confirmed this quantity inside the Income Tax (I-T) returns for the interval of 2006-07 nonetheless, the similar quantity was mirrored 5 years later and applicable taxes have been paid.
The ED had earlier examined Mr. Gupta in 2016, following allegations that Guido Haschke, one of many middlemen within the deal, had been appointed as non-executive” director in Emaar-MGF in September 2009. The houses of four Indian college students, who have been brutallly assaulted by a bunch of teenagers in Australia have been burgled, at the same time as one among them battles for life at a hospital.