‘DHFL diverted `12,773 cr to 79 shell cos via 1L fictitious persons’

NEW DELHI: The Enforcement Directorate has now claimed that Dewan Housing Finance Limited (DHFL) allegedly diverted funds amounting to around Rs 12,773 crore to 79 shell companies purportedly linked to its promoters by recording it in their books as

loans given out to 1 lakh individuals. The financial probe agency, which is looking into the role of DHFL and its directors in a money laundering case related to the purchase of three Mumbai properties from

late drug lord Iqbal Mirchi, said that the huge amount of alleged diversion of funds came up when transactions related to

loans given by the non-banking financial company to five other companies were being probed.

Promoter Kapil Wadhwan was arrested by the ED in the case days ago and remanded to the agency’s custody for questioning. The agency in its remand papers for Wadhwan had claimed that the Wadhwans had used a front company called Sunblink to hide the money trail in the deal for three of Mirchi’s properties in Worli, Mumbai - Sea View, Mariam Lodge and Rabia Mansion.

RANCHI: Jharkhand Chief Minister Hemant Soren on Wednesday kept departments of Home, Jail, Personnel, Administrative Reforms & Raj Bhasha among others, as he distributed portfolios among the ministers.

Soren, working president of the Jharkhand Mukti Morcha (JMM), also kept departments of Cabinet Secretariat & Vigilance and other portfolios not allocated to any minister, a notification issued by the Secretariat of Cabinet and Vigilance department said here.

Rameshwar Oraon of the Congress got Planning-cumfinance, Commercial Taxes, Food, Public Distribution & Consumer Affairs departments.

Alamgir Alam, also a Congress MLA, was given the departments of the Parliamentary Affairs, Rural Development Department (along with Rural Works, Panchayati Raj & Nrepspecial Division), the notification said. Satyanand Bhokta, the lone RJD member in the cabinet, has been given the departments of Labour, Employment & Training.

Champai Soren has been allotted the Scheduled Tribes, the Scheduled Caste & Backward Class Welfare and Transport departments.

Haji Hussain Ansari has been made minister of Minority Welfare and Registration departments. Joba Manjhi is the new Women, Child Development & Social Security department minister.

Jagarnath Mahato has become the minister of School Education & Literacy, Excise & Prohibition departments.

Mithilesh Kumar Thakur has taken over as the minister of Drinking Water & Sanitation.

Besides Mahato and Thakur who became ministers for the first time, Soren, Ansari and Manjhi were JMM leaders.

Congress MLA Banna Gupta has been allotted the departments of Health, Medical Education & Family Welfare and Disaster Management.

Agriculture, Animal Husbandry & Co-operative departments have been allotted to Badal Patralekh who is also from the Congress.

Seven of the 11 ministers were sworn-in on Tuesday.