ED arrests chartered accountant linked to money laundering racket

ED arrests chartered accountant linked to money laundering racket

ED arrests chartered accountant linked to money laundering racket

The management of the execution on Tuesday detained a public accountant in connection with a money laundering racket that represented Rs 8,000 crore. Officials said that the PTI accountant Rajesh Agarwal approved was detained under the provisions of the Money Laundering Prevention Act (MPLA) and was involved in the use of several high profile persons who bleached their funds, giving them Accommodation inputs. They say that he has a connection to the probe by the income tax service in doubtful agreements Rs 1 billion rupees related to the family of RJD chief Lalu Prasad Yadav.
Agarwal would be questioned on these issues once the ED would receive custody.
The accountant would also be transferred funds to Virendra and Surendra Jain, detained in money laundering Rs 8 billion racket rupees. A charge sheet was filed against the Jain brothers for the ED last week. There are reports that Agarwal was the Accountant Misa Bharti, daughter of Lalu.
Bihar team chief BJP, Sushil Kumar Modi, announced on 13 May that Bharti has laundered money by using construction companies to buy a farm in the Delhi Bijwasan area at a cheaper price. Modi also said the Rajya member Sabha had his black money as the target of a suspicious transaction of buying and selling his business units. Modi accused Lalu’s son, Bihar Tejashwi Minister Prasad Yadav and Health Minister, Tej Pratap Yadav, doing corrupt business.
Three days after the allegations, the Department of Income Tax has raided 22 places in the Delhi-NCR region and around Benami worth Rs 1 billion rupees involving Lalu. “People and businessmen linked with the land deal involving Lalu Prasad and his family are sought. There are allegations of Benami offers worth about 1,000 billion pounds and a subsequent tax evasion,” a senior official said.