Close X
Sunday, November 10, 2024
ADVT 
India

Money laundering in Chennai

Darpan News Desk IANS, 09 Feb, 2024 06:27 PM
  • Money laundering in Chennai

Chennai, Feb 10 (IANS) The Enforcement Directorate (ED) officials conducted simultaneous raids at the premises of three real estate promoters on Friday, an official said.

Sources told IANS that the raids were conducted in connection with money laundering charges.

The ED acted on a case registered by the Tamil Nadu unit of the Directorate of Vigilance and Anti-Corruption (DVAC).

The DVAC has registered an FIR against T. Udayakumar, Sunil Khetpalia and Maneesh Parmar, who are owners and promoters of real estate firms, M/s Landmark Housing projects and KLP projects, respectively.

While Udayakumar is the promoter of Landmark Housing Projects, Sunil and Manish are owners of KLP projects.

Udayakumar had deposed before the Income Tax department that he had paid a bribe to the tune of Rs 50 crore to several influential persons, including MPs, MLAs, officials and even civic corporation councillors for approval to his multi-storeyed apartment projects in Perambur between 2015-17.

DVAC has registered a case based on this deposition by Udayakumar before the Income Tax department.

Udayakumar had also told Income Tax Department that in order to pave way for smooth construction in his property at Perambu Barracks Road, he had to remove squatters and other encroachments and for this he was forced to pay bribes to several people, including senior politicians of Tamil Nadu.

He had also informed the DVAC that the 50-crore bribe money was arranged by his partners, Sunil Khetpalia and Maneesh Parmar, and paid in cash.

The DVAC, in its FIR said that there were grounds to believe that the accused Udayakumar, Sunil Khetpalia and Maneesh Parmar had entered into a criminal conspiracy to bribe politicians and officials, and a case under different provisions of the IPC and Prevention of Corruption Act, 1988, was registered.

The ED has now taken up the case of money laundering against Udayakumar, Sunil and Manish, and raids are continuing in the premises of these three real estate developers.

MORE India ARTICLES

India needs to increase solar capacity by 36% every year: Ember

India needs to increase solar capacity by 36% every year: Ember
India needs to increase annual solar capacity additions by 36 per cent every year to meet its 2027 target, a new analysis by global energy think tank Ember said on Tuesday. Solar and wind could drive two-third of power generation growth by 2032 if India is on track to deliver its electricity plan, based on its analysis. 

India needs to increase solar capacity by 36% every year: Ember

Delhi Police raid over 30 locations linked to NewsClick; seize phones, laptops of journos

Delhi Police raid over 30 locations linked to NewsClick; seize phones, laptops of journos
Delhi Police’s Special Cell on Tuesday raided more than 30 locations in the national capital which included the premises of NewsClick, as well as the residences of its journalists, after the media outlet was accused of receiving funds from China. However, no arrests have been made so far.  

Delhi Police raid over 30 locations linked to NewsClick; seize phones, laptops of journos

Delhi excise policy case: SC to hear Manish Sisodia's bail plea on Wednesday

Delhi excise policy case: SC to hear Manish Sisodia's bail plea on Wednesday
The apex court adjourned the bail plea hearing after a joint request by lawyers from both sides on September 15. Sisodia has two special leave petitions listed for Wednesday against the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED). He is facing a money laundering probe in connection with the alleged Delhi excise policy scam.

Delhi excise policy case: SC to hear Manish Sisodia's bail plea on Wednesday

Two prime suspects in Rs 18 crore crypto fraud case in Himachal arrested

Two prime suspects in Rs 18 crore crypto fraud case in Himachal arrested
Two prime accused in the crypto currency fraud of approximate Rs 18 crore have been arrested by the Special Investigating Team of Himachal Pradesh Police, officials investigating the scam said on Tuesday. The SIT headed by Deputy Inspector General (DIG) Abhishek Dullar comprising 13 members was constituted on September 26 to investigate cases related to crypto currency.

Two prime suspects in Rs 18 crore crypto fraud case in Himachal arrested

Meta purged over 19 mn bad pieces of content on FB, Insta in India in August

Meta purged over 19 mn bad pieces of content on FB, Insta in India in August
Meta said that it took down over 14 million pieces of content across 13 policies for Facebook and over five million pieces of content across 12 policies for Instagram in India in August. Between August 1-31, Facebook received 25,049 reports through the Indian grievance mechanism, and said that it provided tools for users to resolve their issues in 2,701 cases.  

Meta purged over 19 mn bad pieces of content on FB, Insta in India in August

India’s first woman astronaut Kalpana Chawla’s father passes away at 90

India’s first woman astronaut Kalpana Chawla’s father passes away at 90
 India’s first woman astronaut late Kalpana Chawla’s father Banarasi Lal Chawla passed away at a private hospital in Haryana’s Karnal on Tuesday. He was 90. Chawla was undergoing treatment for the past few days. His body will be donated to the Kalpana Chawla Medical College in Karana, said the family.

India’s first woman astronaut Kalpana Chawla’s father passes away at 90