look news india
Mumbai: The Enforcement Directorate (ED) has booked Vikram Homes Pvt Ltd under the Prevention of Money Laundering Act (PMLA) in connection with HDIL promoters Rakesh Wadhwa and Sarang Wadhwa and others in the bank loan fraud scam case. Assets worth Rs 40.37 crore were temporarily attached.
According to ED officials, this involves a commercial property located in Kalanonia Building in Andheri (East). Anti-Corruption Bureau of Central Bureau of Investigation (CBI), Mumbai has booked One Make Star Marketing Pvt Ltd from Yes Bank against Rakesh Wadhwa, Sarang Wadhwa and others. An FIR was registered under various sections in the matter of sanctioning a loan of Rs 200 crore. On the basis of which ED started investigation.
Initially Mac Star Marketing Pvt. A complaint was filed at NM Joshi Marg police station in Mumbai by Mr Wadhwa and other accused persons, accusing Make Star Marketing Pvt Ltd. Ltd. had illegally and fraudulently sold several offices in the Caledonia Building. As a result, the company lost Rs. There was a loss of more than Rs 300 crore.
The Enforcement Directorate said investigation into the case revealed that Wadhwa had illegally transferred a commercial property of Mac Star located at Caledonia Building in Andheri to Vikram Homes Pvt Ltd without making any payment. This company itself. Owned by Satyapal Talwar and Dharmapal Talwar. Aam Rakesh and Sarang Wadhwa have founded Make Star Marketing Pvt. Ltd. Was cheated with.
ED had earlier seized Rs.100 crore in this scam. Assets worth Rs 203.99 crore were attached, now the total value of attached assets has increased to Rs 203.99 crore. It has become Rs 244.36 crore.
