Corporate lobbyist Deepak Talwar seen at Enforcement Directorate (ED) office in a money laundering case, in New Delhi.
Mr. Talwar is being probed on the basis of an FIR lodged by the Central Bureau of Investigation against officials of the Civil Aviation Ministry, NACIL, Air India and unknown private persons.
The Enforcement Directorate has provisionally attached a Hotel Holiday Inn worth ₹120.20 crore in connection with an alleged money laundering case against lobbyist Deepak Talwar, his family members and related entities, said the agency on Friday.
The ED said Mr. Talwar is being probed on the basis of an FIR lodged by the Central Bureau of Investigation against officials of the Civil Aviation Ministry, NACIL, Air India and unknown private persons.
“It has been revealed that accused 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," alleged the agency.
The accused illegally managed to secure favourable traffic rights for these airlines during 2008-09 at the cost of national carrier, Air India.
In lieu of securing favourable traffic rights, these airlines allegedly made payments to the tune of ₹272 crore to Mr. Talwar during 2008-09.
“Investigation revealed that Mr. Talwar created a web of entities owned by him and his family members in India and offshore havens, to launder proceeds of crime of ₹272 crore,” the ED alleged.
Part of these payments were deposited in a Bank of Singapore account, belonging to a company, Asiafield Limited, registered in the British Virgin Islands and beneficially owned by Mr. Talwar, as alleged by the agency.
“These proceeds of crime were layered through a series of international money transfers, to finally integrate in India in Wave Hospitality Private Limited, a company beneficially owned and controlled by Mr. Talwar and his family member. The funds were used in the construction of Hotel Holiday Inn in Delhi's Aerocity,” said the ED.
Accused Deepak Talwar was deported by the immigration authority of Dubai on January 31 and arrested by the ED. He is currently in judicial custody.
No comments:
Post a Comment