How Sanjay Raut’s wife, ‘friend’ laundered over Rs 1,000 crore | Stout shrimp print
The Enforcement Directorate (ED) nowadays hooked up property value over Rs 11 crore belonging to Shiv Sena MP Sanjay Raut’s wife and his alleged close aide Pravin Raut below the Prevention of Money Laundering Act (PMLA). The monetary probe agency became investigating a case around the alleged irregularities in a redevelopment project in Mumbai’s Goregaon suburb – the Patra Chawl scam.
What’s the Patra Chawl Rip-off?
Pravin Raut, reportedly a detailed accomplice of Sanjay Raut, is a director of Guru Ashish Constructing Pvt Ltd, pondering referring to the redevelopment of the Patra Chawl in Goregaon. The 47-acre land, belonging to the Maharashtra Housing Home Development Authority (MHADA), housed 672 tenants.
Pravin Raut’s agency became entrusted with the pattern of Patra Chawal Venture to rehabilitate 672 tenants. Guru Ashish Constructing Pvt Ltd entered into a tripartite agreement with the tenants and the MHADA to redevelop the settlement.
Right here’s when all of it began.
In response to the monetary probe agency, Pravin Raut, in conjunction with Housing Development & Infrastructure Limited‘s (HDIL) Rakesh Kumar Wadhawan, Sarang Wadhawan and other administrators of Guru Ashish Constructions Non-public Limited, illegally sold Ground Build Index, or FSI, which is the most permissible floor residing that a builder can ranking on a particular dispute of land, to lots of builders for Rs 1,034 crore.
This they allegedly did without establishing rehab apartments for handing over to the MHADA, a pre-requisite of the agreement.
Moreover Read: | Patra Chawl scam: Rs 11-crore property of Sanjay Raut’s wife, ‘friend’ Pravin Raut hooked up by ED
“Investigations conducted below the PMLA revealed that Pravin Raut, being the director of Guru Ashish Constructing Pvt Ltd, conducted an energetic feature in the redevelopment project and in connivance with Rakesh Kumar Wadhawan and Sarang Wadhawan, managed to divert the proceeds of crime – of over Rs 1,000 crore – by harming the pursuits of 672 tenants and consumers,” the ED acknowledged in a thunder. The agency’s case is in step with an FIR filed by the Mumbai Police.
Pravin Raut became discovered pondering referring to the offence of cash laundering and to unearth the money path and the siphoned off funds which all at present met over Rs 1,000 crore, he became arrested.
– Enforcement Directorate
As successfully as to the Rs 1,034 crore obtained from lots of builders, the accused moreover availed monetary institution loans, the thunder added.
ED officials alleged that in 2010, Pravin Raut had obtained Rs 95 crore in his monetary institution yarn below the guise of fairness sale and land deals though the corporate could well well no longer complete the project and generated no profits.
“Pravin Raut became discovered pondering referring to the offence of cash laundering and to unearth the money path and the siphoned off funds which all at present met over Rs 1,000 crore, he became arrested,” the ED acknowledged.
The probe agency has alleged that around Rs 100 crore became transferred from HDIL to Pravin Raut’s yarn.
Pravin Raut diverted this money into the accounts of his close friends, family, change entities, and others, the ED acknowledged.
Moreover Read: | ED recordsdata chargesheet against Sanjay Raut’s ‘friend’ Pravin Raut in money laundering case
In 2010, a chunk of the proceeds of the crime, amounting to Rs 83 lakh, became obtained by Varsha Raut from Madhuri Pravin Raut, the wife of Pravin Raut, officials of the Enforcement Directorate claimed. “This amount became utilized by Varsha Raut to make a decision on a flat in Dadar. After the ED investigation began, Rs 55 lakh became transferred by Varsha Raut to Madhuri Raut. There are many other transactions as successfully,” they added.
The ED has alleged that eight plots of land at Kihim seaside had been moreover bought in the name of Varsha Raut and Swapna Patkar, wife of Sujit Patkar, allegedly another close accomplice of Sanjay Raut.
Pravin Raut diverted the money into the accounts of his close friends, family, change entities, and others
– Enforcement Directorate
“In this land deal, moreover the registered value, money payments had been made to sellers. On identification of these property and other property of Pravin Raut, a provisional attachment disclose attaching all these property of Pravin Raut and his friends became issued,” the agency added.
Pravin Raut became arrested by the ED on February 2, 2022 below the Prevention of Money Laundering Act. He continues to be in jail.
At present time’s attachment includes property value Rs 9 crore. Plots of land belonging to Pravin Raut in Maharashtra’s Palghar, Saphale and Padga, a flat in Mumbai’s Dadar and plots in Alibaug’s Kihim seaside owned by Sanjay Raut’s wife Varsha Raut had been hooked up. The Kihim seaside plots, value around Rs 2 crore, are the ones which is probably to be collectively owned by Swapna Patkar (wife of Sujit Patkar) and Varsha Raut.
Reacting to the attachment, Sanjay Raut tweeted: “Asatyameva Jayate (lies prevail).”
!!
— Sanjay Raut (@rautsanjay61) April 5, 2022
Speaking to India At present time TV, a defiant Sanjay Raut acknowledged, “I in fact enjoy become extra terrible now. I in fact enjoy spoken with Sharad Pawar and Uddhav Thackeray, and additionally they’re all with me.”
“What the ED has hooked up is my ancestral residence, no longer some property value crores,” he alleged.
Pravin Raut is moreover being investigated in the PMC monetary institution loan fraud case. The ED had hooked up his properties, value Rs 72.65 crore, in the case.
Moreover Read | Pravin Raut transferred Rs 55 lakh to Sanjay Raut’s wife by his wife’s yarn: ED
Moreover Read | I in fact enjoy become extra terrible now, says Sanjay Raut after ED’s motion against wife, ‘aide’
