ED arrests chopper scam-accused Rajiv Saxena in laundering case | India News – Times of India

NEW DELHI: The Enforcement Directorate has arrested AgustaWestland chopper rip-off case-accused Rajiv Saxena in a cash laundering case registered in opposition to Moser Baer in which the primary accused is Ratul Puri, nephew of former Madhya Pradesh chief minister Kamal Nath. Saxena has been arrested for alleged laundering of the ‘proceeds of crime’ from financial institution fraud, allegedly involving Moser Baer and Puri.
“In the Moser Baer bank fraud case, the proceeds of crime belonging to Deepak Puri (Ratul Puri’s father) amounting to $16.33 million have been attached in the hands of Rajiv Saxena,” in line with one of the attachment orders of the ED. Saxena helped Puri launder the funds generated from Indian banks, it added.
The ED probe revealed that $16.33 million belonging to Puri was parked in the accounts of Matrix Group corporations managed by Saxena and his spouse. “Similarly, funds belonging to Ratul Puri and transferred to Rajiv Saxena from an undisclosed foreign entity have also been attached in the hands of Saxena,” the ED had famous.
Saxena was deported from Dubai and arrested for the primary time on January 31, 2019 in the AgustaWestland bribery and cash laundering case. Later, he turned approver in the case and sought launch after giving an endeavor he would reveal all info pertaining to the bribes acquired from defence middlemen in the Rs 3,600 crore AgustaWestland chopper deal. The ED has investigated and tracked a component of the alleged bribes of Rs 423 crore acquired in the deal by numerous middlemen and handed on to politicians right here.
The ED probe additional revealed Saxena, a chartered accountant based mostly in Dubai, was behind a number of defence payoffs and a number of other different bribery offers. He offered providers of his shell corporations registered in totally different tax havens to launder the ‘proceeds of crime’. He has additionally been linked to the Iffco bribery case involving Rs 685 crore payoffs.
The ED had final yr approached the Delhi excessive courtroom in search of to revoke his approver standing as he had been allegedly withholding key info with the company associated to bribery and laundering of the proceeds of crime. The company additionally objected to permitting him to depart the nation saying he confronted “life threat” as he holds clues to large payoffs associated to over half a dozen defence offers.
In its supplementary chargesheet filed in the AugustaWestland case in 2019, the ED had accused Saxena of withholding info associated to Ratul Puri who was additionally accused of laundering bribes acquired in the AgustaWestland VVIP chopper deal.
In its chargesheet, the ED had then claimed that Saxena was “warned” by Puri to not reveal any particulars about his “uncle” and father to the investigative officers. Saxena is a key witness in the case as he had maintained all transactions associated to the alleged payoffs in the AgustaWestland case on behalf of Puri, in line with the ED.

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