Nation Current Affairs 08 Jun 2019 Enforcement Director ...

Enforcement Directorate registers laundering case against media baron

DECCAN CHRONICLE.
Published Jun 8, 2019, 2:54 am IST
Updated Jun 8, 2019, 2:54 am IST
The case has been filed under the stringent provisions of the Prevention of Money Laundering Act (PMLA).
Sources said case has been registered by the central probe agency on the basis of an Income Tax Department complaint against Raghav Bahl and others.
 Sources said case has been registered by the central probe agency on the basis of an Income Tax Department complaint against Raghav Bahl and others.

New Delhi: The Enforcement Directorate (ED) has filed a money laundering case against media baron Raghav Bahl for alleged laundering of funds to purchase an undisclosed foreign asset.

Sources said case has been registered by the central probe agency on the basis of an Income Tax Department complaint against Raghav Bahl and others.

 

The case has been filed under the stringent provisions of the Prevention of Money Laundering Act (PMLA).

“The case has been filed after analysing the merits of the I-T department chargesheet and the evidences recorded in it”, sources said.

The I-T Department had recently filed a chargesheet against Bahl before a court in Meerut under the provisions of the anti-black money law or the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act of 2015.

Bahl acknowledged the Enforcement Directorate action, saying the agency has acted after taking cognisance of the Income Tax department chargesheet filed for alleged non-disclosure of `2.38 crore paid towards the purchase of a property in London.

 

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Location: India, Delhi, New Delhi




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