3.2 C
New York
Saturday 27 November 2021

Buy now


HomePoliticsIndiaED custody of Gautam Khaitan extended by 5 days

ED custody of Gautam Khaitan extended by 5 days

Special Judge Arvind Kumar extended the ED custody of Khaitan who was already being prosecuted in a case related to AgustaWestland and was out on bail


New Delhi: A Delhi court Monday extended the Enforcement Directorate (ED) custody of lawyer Gautam Khaitan, an accused in the VVIP chopper scam, by five days in connection with a fresh case of alleged possession of money and money laundering.

The court had on Saturday sent him to the ED custody after it alleged that he was operating and holding a number of foreign accounts illegally and thereby possessing money and stashing assets.

Special Judge Arvind Kumar extended the ED custody of Khaitan who was already being prosecuted in a case related to and was out on bail.

How Khaitan is believed to operate

The fresh criminal case under the PMLA was filed by the ED against Khaitan on the basis of a case filed by the Department against him under Section 51 of the Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.

“It is a fresh case of money laundering instituted on the basis of the Income-Tax Department’s probe under Section 51 of the Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act,” said an official. “Money laundering is a continuing offence,” he added.

Khaitan had been arrested on Friday after the Income-Tax Department ran into details about the movement of some money by Khaitan. He had allegedly laundered the amount through foreign entities and bank accounts. The ED suspects that Khaitan also manages undisclosed funds of some influential families abroad while arranging for deposits on their behalf in foreign bank accounts.

The agencies suspect that Khaitan has links with the Banda family of Zambia, a member of which had allegedly received € 2.5 lakh from IDS Tunisia. Khaitan is believed to be one of the owners of this company.

The ED holds that the lawyer was instrumental in the setting up of a trust or commercial entity for the member of the Banda family in Seychelles to acquire a property in Kenya.

Previous arrest

The ED had first arrested Khaitan in September 2014 in connection with the case of VVIP chopper scam. The charge sheet against him alleges he was part of middlemen Carlo Gerosa and Guido Haschke’s channel of routing bribe money.

Sirf News needs to recruit journalists in large numbers to increase the volume of its reports and articles to at least 100 a day, which will make us mainstream, which is necessary to challenge the anti-India discourse by established media houses. Besides there are monthly liabilities like the subscription fees of news agencies, the cost of a dedicated server, office maintenance, marketing expenses, etc. Donation is our only source of income. Please serve the cause of the nation by donating generously.

Support pro-India journalism by donating via UPI to surajit.dasgupta@icici

Kumar Mangalam Birla talks about a decade of capex mahotsav



अजमेर के सलेमाबाद स्थित श्री निम्बार्क पीठ की पावन भूमि को नमन किया। यहां पीठाधीश्वर श्री श्याम शरण देवाचार्य जी महाराज से मिलकर उनका आशीर्वाद लिया तथा तपोभूमि से देश-प्रदेश की उन्नति एवं खुशहाली के लिए कामना की।


13 years after the 26/11 #MumbaiTerrorAttack,
what lies ahead for #India and #Pakistan.

My chat with @ArzooKazmi30

Fans of actor Vijay hold voter awareness campaigns and encourage young voters to enrol in the draft voter list ahead of urban local body elections
@kittybehal10 @actorvijay

Oli vows to 'take back' Kalapani, Limpiyadhura, Lipulekh from India if he returns to power

Read @ANI Story | https://aninews.in/news/world/asia/oli-vows-to-take-back-kalapani-limpiyadhura-lipulekh-from-india-if-he-returns-to-power20211127104747/
#India #Nepal

Read further:

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -