Shravan Gupta's Portfolio And InfoThe Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) are attempting to tighten the noose round actual beneficiaries” of the 70 million euro bribe paid in AgustaWestland rip-off, officers aware of the event mentioned. New Delhi, Jun 24 (PTI) The Enforcement Directorate (ED) on Wednesday carried out multiple searches on premises of Shravan Gupta, the former managing director of realty major Emmar MGF, and some others in connection with the AgustaWestland VVIP chopper money laundering case, officials said.
Shravan Gupta, Executive Director - Leisure Businesses, FCM Travel Solutions India (the Indian arm of Flight Centre Travel Group, Australia) said, Over the last few years, Surat has grown to become one of the fastest developing cities in the country with constantly rising travel demands of two to three trips in a year per household.
Gupta was summoned and questioned by the ED in 2016 after his named cropped up during investigation.According to ED officials, it was found that alleged middleman Guido Haschke was an independent director of Gupta''s firm between September and December 2009.
ED questioned the managing director of realty firm Emaar MGF in connection with its probe into the VVIP chopper deal. The kickbacks were then allegedly routed through Rajiv Gupta-owned Mauritius-based company Interstellar Technologies. The money, ED has said, was quid pro quo to make the company eligible for the contract of AW-101 helicopters in 2010.
According to sources, Gupta also told the agency that he was friends with Khaitan and that's how he was introduced to Hachke, who was appointed to the board along with other independent directors. The Emaar-MGF issue was raised by BJP member Kirit Somaiya in the Lok Sabha today, as he demanded a probe into the chopper deal.
The ED is investigating alleged kickbacks acquired by a number of politicians and bureaucrats by way of personal companies, businessmen and middlemen within the chopper deal. Emaar India is directly under the control of its parent Emaar Properties PJSC, Dubai and is fully in compliance with rules and regulations of the law of the land, the spokesperson said.
It can be safely said that Shravan Gupta has played a vital role in making malls accessible to the common man of this country. The ED had then alleged that Shravan Gupta had not shown this amount in the Income Tax (I-T) returns for the period of 2006-07 however, the same amount was reflected 5 years later and appropriate taxes were paid.
In 2018, the ED had seized property price Rs 102.eight million linked to Emaar MGF Managing Director Shravan Gupta below International Change Administration Act. Shravan Gupta is an entrepreneur who is not only helping our nation become more modernised every day, but he is also the entrepreneur who understands his social responsibility and takes steps accordingly.
The ED further alleged that a part of the kickbacks allegedly paid to influential people and politicians was parked in a company related to Gupta. The BJP levelled fresh accusations at the previous UPA government in Rajya Sabha q uoting the letter written by the alleged primary middleman Christian Michel in the choppers deal.
Officials cited above said Gupta, who was the director of erstwhile Emaar MGF, is under the scanner for the appointment of another European middleman Guido Haschke as independent director in the company in 2009. Officers Shravan Gupta business cited above mentioned Gupta, who was the director of erstwhile Emaar MGF, is below the scanner for appointment of one other European intermediary Guido Haschke as impartial director within the firm in 2009.