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The Enforcement Directorate said Monday it has attached a plot and a farmhouse in Delhi worth more than Rs 16 crore belonging to Shravan Gupta, a former managing director of realty major Emaar MGF, in connection with the ongoing money laundering investigation into the Rs 3,600-crore VVIP choppers purchase scam.
“A chargesheet was filed against the businessman in this case. Extradition proceedings against him are underway after he fled the country in November 2019,” an ED spokesperson said.
“Gupta received proceeds of crime in companies such as Natille Overseas Inc, Switzerland, Timekeeper Ltd, British Virgin Islands, Hall Park Holdings Limited, United Kingdom etc, which are beneficially owned by him. The proceeds of crime were received from a shell company based out of Mauritius, which had received the kickbacks in the defence deal from Agusta Spa, Italy,” the ED said. The agency had registered a money laundering case in 2014 taking cognisance of a CBI FIR.
According to the ED, kickbacks amounting to Euro 70 million were paid by AgustaWestland for influencing the deal of supply of 12 VVIP choppers in its favour.
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