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New Delhi:
The Enforcement Directorate (ED) has summoned Rajasthan-based businessman Raman Kant Sharma in reference to its cash laundering probe within the Yes Bank case, officers stated on Thursday.
Sharma is already being investigated by the central probe company on costs of alleged violation of foreign exchange legal guidelines associated to remittance of over Rs 96 crore from Mauritius and the company has equally summoned him underneath the Foreign Exchange Management Act (FEMA) for questioning.
The ED can be probing his alleged enterprise hyperlinks with Vaibhav Gehlot, the son of Rajasthan chief minister Ashok Gehlot, within the FEMA case.
He is alleged to have been a enterprise companion of Vaibhav Gehlot in a automotive rental firm up to now.
In the Yes Bank cash laundering case, officers stated the businessman has been requested to depose earlier than the investigating officer of the case in Mumbai on July 27.
The officers stated the financial institution had given a Rs 168-crore mortgage to Triton Hotels and Resorts by which Sharma is a share holder and a promoter.
The ED desires to file his assertion underneath the Prevention of Money Laundering Act (PMLA) within the Yes Bank case and perceive how the lodge group was prolonged the financial institution mortgage, they stated.
The ED arrested Yes Bank co-founder Rana Kapoor on this case in March together with the Wadhawan brothers, Kapil and Dheeraj Wadhawan, of DHFL.
The ED accused Kapoor, his relations and others of laundering proceeds of crime price Rs 4,300 crore by receiving alleged kickbacks in lieu of extending huge loans by means of their financial institution that later changed into non-performing belongings (NPA).
(Except for the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)
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