Stay updated with the latest - Click here to follow us on Instagram
© The Indian Express Pvt Ltd
Tags:
Journalism of Courage
The Enforcement Directorate (ED) has made two more arrests in connection with its probe where Malegaon residents’ bank accounts were allegedly misused for money-laundering. Mohsin Ahmed Khilji and Sharif Miya Shaikh were arrested on Thursday and produced before the special court on Friday. The court sent them to ED’s custody till January 8.
Previously, three persons were arrested in the case.
The ED claimed that the two men were linked to shell companies established to transfer funds and were trying to escape the probe when they were arrested at Ahmedabad airport.
The ED claimed that two entities by the names of Hardik Enterprise and Haresh Trading were established as part of an Agricultural Produce and Livestock Market Committee (APMC) scheme by the accused, and funds were transferred into them from 19 of these misused bank accounts.
The ED recorded the statements of proprietors of the companies who said that the accounts were opened on the instructions of one Ritesh Shah and Gaurang Parmar. The arrested accused and these two men were working on instructions of the ‘mastermind’ Abdul Samad Bhagad alias ‘Challenger King’ and were involved in withdrawal and laundering of crores of rupees, the ED claimed.
The ED claimed that when they found out that searches were being conducted in connection with this case, Khilji and Shaikh destroyed the phones of Shah and Parmar after summoning them. Khilji and Shaikh also escaped the country and went to Bangkok but returned a few days later and were arrested on January 2 when they were leaving the country again to go to Dubai, the ED claimed.
Special Judge A C Daga granted custody of the two men till January 8 for further probe.
Stay updated with the latest - Click here to follow us on Instagram
