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Saturday, July 5, 2014

Enforcement Directorate (ED)registers money laundering case against ex-Air Force chief Friday July 04,2014

The Enforcement Directorate (ED) on Friday July 04,2014 registered a money laundering case against former Indian Air Force chief S.P. Tyagi who is one of several accused in the AgustaWestland VVIP chopper deal bribery case.
ED slapped charges of money laundering after registering a case under the Prevention of Money Laundering Act (PMLA) against Tyagi and others.
ED, which had earlier registered a case under foreign exchange laws in this deal, decided to slap a criminal case to track the illegal money paid as the bribe, alleged to be over Rs 360 crore, to middlemen and other persons named by the CBI in its FIR filed in March 2013.
A total of 13 entities have been named by the ED in the case.

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