New Delhi: The Enforcement Directorate (ED), the central investigating agency, has taken major action in the Yes Bank-DHFL case. The ED has seized properties worth Rs 415 crore of two builders related to the fraud case. In the same case, a day earlier, the investigating agency had seized the AgustaWestland helicopter in a major action. Those who have been prosecuted by the investigating agency are accused of money laundering and fraud.
Let us know that the DHFL fraud case is considered to be the biggest bank fraud in the country. The two builders whose properties have been seized include Sanjay Chhabria and Avinash Bhosle. Both have already been arrested. The Yes Bank-DHFL fraud scam is worth Rs 34,000 crore. Sanjay Chhabria is the chairman of Radius Developers, while Avinash Bhosle heads ABIL Infrastructure. The two builders have already been arrested in the Yes Bank-Dewan Housing Finance Limited (DFHL) case. The country's biggest banking fraud case is alleged to have duped Rs 34,000 crore. In this scam, the money of the consortium of 17 banks, which was set up under the chairmanship of The Union Bank of India, has drowned.
The CBI is already investigating the case. Last week, the CBI, in an operation, found the AgustaWestland helicopter on a property owned by Avinash Bhosale in Pune, following which the agency seized it. On Wednesday, a land parcel worth Rs 116.5 crore in Mumbai's Santa Cruz, a land parcel worth Rs 115 crore located in Bengaluru with a 25 per cent equity share of Chhabria's company, another flat worth Rs 3 crore in Santacruz, a hotel attached to Chhabria at Delhi airport, valued at Rs 13.67 crore and three high-end luxury cars worth Rs 3.10 crore of Sanjay Chhabria's were seized.
Along with this, the property of Avinash Bhosale has also been sealed. A duplex flat worth Rs 102.8 crore in Mumbai, a land parcel worth Rs 14.65 crore in Pune, another land parcel worth Rs 29.24 crore in Pune itself, a plot worth Rs 15.52 crore in Nagpur and a plot worth Rs 1.45 crore in Nagpur have been sealed by the Enforcement Directorate (ED). All these actions have been taken under the Prevention of Money Laundering Act, 2002 (PMLA). Under this law, the properties of both the property builders have been sealed. An FIR was lodged against Yes Bank co-founder Rana Kapoor and DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan in the Yes Bank-DHFL fraud case, following which action is on against all the accused.
The FIR states that Rana Kapoor in connivance with Kapil Wadhawan and other accused gave financial benefits to DHFL through Yes Bank. Rana Kapoor received a lot of money in return for this. Rana Kapoor and his family's companies received a lot of money in return for this fraud. During a search operation last week in the same case, the CBI seized paintings and watches worth several crores of rupees. Let me tell you that Rana Kapoor is the one from whom Congress national general secretary Priyanka Gandhi Vadra had bought a painting for Rs 2 crore, the deal was also in a lot of controversies.
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