How Sanjay Raut's wife, 'friend' laundered over Rs 1,000 crore | Full details

According to the Enforcement Directorate, over Rs 1,000 crore was laundered by Pravin Raut, his wife Madhuri Raut, and Sanjay Raut's wife Varsha Raut in connivance with others in the Patra Chawl case.

The Enforcement Directorate (ED) today attached assets worth over Rs 11 crore belonging to Shiv Sena MP Sanjay Raut’s wife and his alleged close aide Pravin Raut under the Prevention of Money Laundering Act (PMLA). The financial probe agency was investigating a case around the alleged irregularities in a redevelopment project in Mumbai’s Goregaon suburb - the Patra Chawl scam.

Pravin Raut, reportedly a close associate of Sanjay Raut, is a director of Guru Ashish Construction Pvt Ltd, involved in the redevelopment of the Patra Chawl in Goregaon. The 47-acre land, belonging to the Maharashtra Housing Area Development Authority (MHADA), housed 672 tenants.

Pravin Raut’s firm was entrusted with the development of Patra Chawal Project to rehabilitate 672 tenants. Guru Ashish Construction Pvt Ltd entered into a tripartite agreement with the tenants and the MHADA to redevelop the settlement.

Here’s when it all began.

According to the financial probe agency, Pravin Raut, along with Housing Development & Infrastructure Limited‘s (HDIL) Rakesh Kumar Wadhawan, Sarang Wadhawan and other directors of Guru Ashish Constructions Private Limited, illegally sold Floor Space Index, or FSI, which is the maximum permissible floor area that a builder can build on a particular plot of land, to various builders for Rs 1,034 crore.

This they allegedly did without constructing rehab flats for handing over to the MHADA, a pre-requisite of the agreement.

Also Read: | Patra Chawl scam: Rs 11-crore property of Sanjay Raut's wife, 'friend' Pravin Raut attached by ED