NEW DELHI: The Enforcement Directorate (ED) on Friday mentioned it has connected Atmosphere Tower, a multi-storey industrial complicated price Rs 252.17 crore in Shalimar Bagh within the nationwide capital in reference to a cash laundering case.
Delhi-based Atmosphere Tower belongs to Atmosphere Towers Pvt. Ltd, an organization of Atmosphere Group, promoted by Raj Singh Gehlot, the ED mentioned.
Appearing on an FIR and subsequent chargesheet filed by Anti-Corruption Bureau, Jammu and Kashmir below the Provisions of Ranbir Penal Code, and Prevention of Corruption Samvat Act, the ED initiated investigation.
The ED realized that Aman Hospitality Pvt. Ltd by its promoter director Gehlot was sanctioned Time period Mortgage facility of Rs 810 crore by a Consortium of Banks led by J&Okay Financial institution to half finance its resort venture in Shahdara, Delhi. Nonetheless, the mortgage quantity later was an NPA,” the company mentioned.
In addition to, Gehlot had diverted mortgage funds and layered the identical by an online of financial institution accounts belonging to his relations and Atmosphere Group corporations. Along with diversion of funds, it was additionally discovered that Gehlot had diverted supplies to the opposite venture websites of Atmosphere Group, it added.
Gehlot was arrested on July 28, 2021. His spouse, Sheela Gehlot and different administrators of Atmosphere Group Firms specifically Amit Gehlot, Shamsher Singh and Pawan Singh had been named as accused within the chargesheets filed by the ED.
The ED filed two prosecution complaints within the current case earlier than the Patiala Home Courts.
Earlier, the ED had connected movable/immovable properties price Rs 20.20 crore belonging to Raj Singh Gehlot, his relations and Atmosphere Group Firms.
Click Here To Join Our Telegram Channel
You probably have any issues or complaints concerning this text, please tell us and the article shall be eliminated quickly.Â
