ED claimed in the charge sheet filed on May 1 against Talwar, who has been arrested by the agency and currently is in judicial custody, that he allegedly finalised various communications addressed to Patel on behalf of Emirates and Air Arabia.
The ED has alleged that Talwar received over Rs 272 crore as kickbacks for pushing several deals in the aviation sector in India. This money, the ED has claimed, was routed through several shell companies floated by Talwar, and used to buy the hotel, which is valued at over Rs 120 crore.
The ED has claimed that Talwar had created a web of entities owned by him and his family members in India and international offshore havens, to launder the Rs 272 crores received from foreign airlines.
According to ED, when the proposal to buy the aircraft from Airbus was sent to the Cabinet, the Cabinet Committee on Security (CCS) put a condition that the aircraft manufacturer would have to build training facilities and MRO (Maintenance, Repair and Overhaul) centres at a cost of USD 175 million.
Talwar, deported to India from the UAE on January 31 and since remanded to ED custody, is one of the main accused who allegedly facilitated dispersal of profit-making routes of Air India to private airlines using his connections with the then Civil Aviation Minister.
The agency disclosed this in the affidavit filed before the court hearing Talwar’s plea challenging his detention after he was deported from the UAE and arrested in connection with a money laundering case on January 31.