New Delhi: ED has filed the first charge sheet in the IL&FS debt payment case. The ED has filed a charge sheet in a special court in Mumbai. ED has already attached properties worth about Rs 570 crore in the case. ED officials said on Saturday that the charge sheet was filed under the Prevention of Money Laundering Act (PMLA). Another charge sheet is also to be filed in the case. The charge sheet attributed the corrupt conduct of IL&FS directors and other top officials to the current financial condition.
The ED has given an interim order to attach assets of the accused officers under the Prevention of Money Laundering Act. Il&FS Directors Ravi Parthasarathy, Ramesh Bawa, Hari Shankaram, Arun Saha and Ramchand Karunakaran have already attached bank accounts and immovable properties in Delhi, Mumbai, Chennai, Brussels, and Belgium. Saha and Karunakaran were arrested in June.
ED has launched a new development in Aircel. Shiv Shankaran has also attached bank accounts and immovable properties acquired by family and group companies. The total value of the attached property so far in this case is around Rs 570 crore. IL&FS has given a loan of Rs 95 thousand crores to various companies and in October, they have given themselves a loan.
Based on an FIR filed by the Economic Offences Wing of Delhi Police, ED had filed a money laundering case in February this year. The ED said in the charge sheet that the senior manager/manager of IL&FS/IS The officer was involved in illegal acts like commissioning and made a personal profit at the cost of the company.
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