ED files fresh chargesheet against Unitech Group promoters in Rs 6,352 cr money laundering case
India Today
The ED has filed a supplementary chargesheet against Unitech Group’s promoters Sanjay Chandra, Ajay Chandra along with Ramesh Chandra, Preeti Chandra, Rajesh Malik and 66 firms.
The Enforcement Directorate (ED) filed a supplementary prosecution complaint (chargesheet) before the Delhi’s Rouse Avenue Court in a money laundering case against Unitech Group. The agency has named Unitech Group’s promoters Sanjay Chandra, Ajay Chandra along with Ramesh Chandra, Preeti Chandra, Rajesh Malik and 66 companies as accused in the case.
The ED had filed a money laundering case against Unitech Group on June 6, 2018 based on the FIRs registered by Delhi Police. The first chargesheet was filed by on December 2, 2021.
The financial probe agency alleged that the executives of Unitech Group have laundered Rs 6,352 crore.
During its investigation, the ED had arrested Sanjay Chandra, Ajay Chandra, Ramesh Chandra, Preeti Chandra and Rajesh Malik. All of them are currently in judicial custody.
READ | Benami multiplex, properties, bank accounts of Unitech’s Chandras worth Rs 18 crore attached by ED
So far, the ED has conducted 43 searches in connection with this case and assets worth Rs 763 crore in India and foreign countries have been attached. The attachments also include the assets of Carnostie Group, Shivalik Group, Trikar Group and the assets of shell and personal companies of the Chandras.
The ED has alleged that Unitech Group had diverted proceeds of crime to the tune of Rs 347.95 crore to Carnoustie Group and in turn, the entities of Carnoustie Group have purchased several immovable properties in India and abroad from these proceeds of crime.
