Court To Take Cognizance Of ED Charge Sheet Naming DHFL Dheeraj Wadhawan In Mirchi Money Laundering Probe
[ By Bobby Anthony ]Mumbai’s special court of Prevention & Money Laundering Act (PMLA) is likely to take cognizance of a recent charge sheet filed by the Enforcement Directorate (ED) soon, which has named 16 people including including Dheeraj Rajeshkumar Wadhawan.Wadhwan is a non-executive director of the Dewan Housing Finance Corporation Ltd (DHFL) in the money laundering probe...
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Mumbai’s special court of Prevention & Money Laundering Act (PMLA) is likely to take cognizance of a recent charge sheet filed by the Enforcement Directorate (ED) soon, which has named 16 people including including Dheeraj Rajeshkumar Wadhawan.
Wadhwan is a non-executive director of the Dewan Housing Finance Corporation Ltd (DHFL) in the money laundering probe involving gangster Iqbal Memon alias ‘Iqbal Mirchi’.
The others accused in the ED charge sheet are Humayun Merchant, an alleged aide of Mirchi, Ranjeet Bindra, a broker in the deal of Mirchi’s property, and Rinku Deshpande, through whom Bindra allegedly received his commission, besides Mirchi’s wife as well as his other family members.
The ED charge sheet has cited certain transactions involving Dheeraj Wadhawan and Sunblink Developers, which had allegedly played a key role in diverting money for Iqbal Mirchi.
The ED charge sheet also contains details of DHFL’s exposure to Sunblink which had purchased three properties from Iqbal Mirchi valued Rs 225 crore in 2010. They were Rabia Mansion, Marium Lodge and Sea View, which were allegedly used by Mirchi to launder over Rs 2,000 crore.
DHFL’s role was exposed after the ED arrested Mirchi’s close aides.
Earlier, DHFL had clarified about its exposure to Sunblink Developers to stock exchanges, claiming that in the normal course of business, it had funded certain projects of various companies in and around Mumbai.
