ED raids 5 premises of Viva Group in Mumbai ANI | Updated: Jan 22, 2021 23:42 IST
Mumbai (Maharashtra) [India], January 22 (ANI): The Enforcement Directorate (ED) on Friday conducted searches at the five premises belonging to Viva Group and its associates.
The premises included a registered office of Viva Group in Virar, a residential premise of the concerned person of Viva Group in Virar, one associated office premise of Viva Group in Andheri, and two residential premises of two financial consultants of Viva Group in Juhu and Chembur respectively. During the search, Rs 73 lakh cash, incriminating digital and documentary evidence has been recovered.
ED initiated an investigation under the Prevention of Money Laundering Act, 2002 (PMLA) against Housing Development Infrastructures Limited (HDIL), Rakesh Kumar Wadhawan, Sarang Wadhawan, Waryam Singh and Joy Thomas, Chairman and Managing Director of PMC Bank Limited and others on the basis of FI
Sanjay Raut and Varsha Raut (file photo)
MUMBAI: Shiv Sena MP Sanjay Raut’s wife Varsha repaid a Rs 55 lakh friendly loan she had taken from a bank scam accused’s wife soon after the Enforcement Directorate summoned her to seek an explanation, sources in the agency said. The interest-free loan was taken a decade ago.
On Monday, she submitted documents to the ED through a relative, showing loan repayment from funds generated from the film ‘Thackeray’ penned by her husband. Varsha was one of the producers of the movie. Sanjay Raut was unavailable for comment.
The ED, investigating money laundering case in the PMC Bank-HDIL loan scam, had issued her four summons from November last year, but she had failed to present herself before the officials. On December 29, she had sought time till January 5. She appeared before the ED on January 4.
The crisis at PMC Bank first came to light on September 24, 2019, the day the Reserve Bank of India (RBI) placed curbs on the activities of the Mumbai-based bank for six months. The central bank also limited the amount a customer could withdraw from their account during the next six months to Rs 1,000 at first, and later to Rs 25,000. Founded in 1984, PMC Bank has 137 branches across seven states, 81 of these in Mumbai, Navi Mumbai, Thane and Palghar regions, 10 in Pune and 12 in the rest of Maharashtra. Its customers include small businesses, housing societies and institutions. According to an FIR filed in the case, HDIL promoters allegedly colluded with the bank management to draw loans from the bank s Bhandup branch. The bank officials did not classify these loans as non-performing advances, despite non-payment.
PMC Bank Fraud Case: ED Again Summons Sanjay Raut s Wife Varsha
Varsha Raut was grilled and her statement recorded under the Prevention of Money Laundering Act (PMLA) by the central probe agency for the first time on January 4. PTI Outlook Web Bureau 2021-01-06T14:56:34+05:30 PMC Bank Fraud Case: ED Again Summons Sanjay Raut s Wife Varsha outlookindia.com 2021-01-06T15:43:55+05:30
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Varsha has been called for a second round of questioning on January 11.
Varsha Raut was grilled and her statement recorded under the Prevention of Money Laundering Act (PMLA) by the central probe agency for the first time on January 4 at its office here.
Updated Jan 06, 2021 | 14:55 IST
Varsha Raut was grilled and her statement recorded under the Prevention of Money Laundering Act (PMLA) by the central probe agency for the first time on January 4. Shiv Sena leader Sanjay Raut | Photo Credit: IANS
Mumbai: The ED has issued fresh summons against Varsha Raut, wife of Shiv Sena leader Sanjay Raut, for a second round of questioning on January 11 in connection with the Rs 4,300 crore PMC Bank money laundering case, official sources said.
Varsha Raut was grilled and her statement recorded under the Prevention of Money Laundering Act (PMLA) by the central probe agency for the first time on January 4 at its office here. The agency wants to question her further and hence she has been summoned to appear on January 11, the sources said.