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A particular courtroom in Bengaluru has issued fresh summons — the third issued by the courtroom — searching for the looks of two US-based founders of the Bengaluru-based start-up Devas Multimedia Pvt Ltd to start the trial of a cash laundering case being prosecuted by the ED.
The transfer — within the case during which a chargesheet was filed in 2018 by the ED — comes after the particular public prosecutor’s workplace submitted throughout a listening to on October 28 that the company was unable to serve summons on the agency’s CEO Ramachandran Viswanathan and senior official M G Chandrashekhar, who’re amongst six people and 4 entities linked to the agency accused of involvement within the over Rs 500 crore cash laundering case, for the trial.
“SPP submits that he has received a letter from the Ministry of External Affairs… that the Department of Justice in the USA has informed the Indian Embassy that the summons could not be served as per letter of request and seeks for fresh summons/LR (letter of request),” the particular courtroom noticed whereas ordering fresh summons to start the trial.
The case was filed over a failed 2005 satellite tv for pc launch deal between the start-up and ISRO’s business arm Antrix Corporation.
The particular courtroom for PMLA instances had ordered issuance of a second set of summons in January after the ED informed the courtroom that summons issued on September 11, 2019 for look of the 2 US-based officers weren’t as per MHA tips for authorized help from the US underneath a mutual authorized help treaty. The ED and the CBI, which has filed a corruption case in opposition to Devas and former ISRO officers, have been trying to carry the US-based officers to trial after chargesheets had been filed in two separate instances being prosecuted by the 2 central businesses.
Under the PMLA Act, the ED had chargesheeted Ramachandran Viswanathan and M G Chandrashekar, in addition to two Devas CTOs Desaraju Venugopal and Nataraj Dakshinamurthy, finance director Ranganathan Mohan, 4 Devas subsidiaries in Bengaluru and the US, and Okay R Sridharamurthy the previous government director of Antrix, over the 2005 satellite tv for pc deal.
© The Indian Express (P) Ltd
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