Noida Authority engineer’s family under ED scanner
ED attached two companies linked to Yadav Singh’s wife Kusum Lata.
The Enforcement Directorate (ED) is focusing on taking action against the close aides and family members of suspended former Uttar Pradesh chief engineer Yadav Singh, allegedly involved in money laundering, sources confirmed.
“Besides Singh and his wife Kusum Lata, the ED may initiate action against his daughter Garima Bhushan and son Sunny Yadav and one more person, Rajender Minocha,” sources told The Sunday Guardian. Last week, the ED attached two companies linked to Singh’s wife Kusm Lata. According to the agency, all the above mentioned have been booked by the CBI for amassing disproportionate assets. The attachment last week of assets worth about Rs 20 crore was made under provisions of the Prevention of Money Laundering Act, and the properties of three construction companies and a firm allegedly owned by Singh’s wife have been attached. The ED had registered cases against Singh after taking cognisance of the CBI FIR relating to possession of disproportionate assets by him and his family members in 2015. The agency has attached the assets of NKG Infrastructure Ltd., JSP Constructions Pvt. Ltd., Tirupati Construction Company and Kusum Garments under the Prevention of Money Laundering Act. Tirupati Construction Company and Kusum Garments are in the name of the accused’s wife, Kusum Lata. It was found during the tendering process in the state that three of the earlier-mentioned four companies had submitted earnest money deposit to the Noida Authorities using the personal fixed deposits of Yadav Singh and his family members.
Singh was engineer- inchief at the Noida Authority, Greater Noida Authority and the Yamuna Expressway Industrial Development Authority. Raids conducted by the I-T department in 2014 revealed that Singh owned property disproportionate to his known sources of income. He was suspended by the UP government and in 2015, a judicial panel to probe the case was set up against him. Key political leaders and industry players will be seen at the first “Indian Defence and Aerospace Summit” organised by the NewsX and The Sunday Guardian on Wednesday, 25 January in New Delhi.
The likely attendees to the event are Defence Minister Manohar Parrikar; Union Minister for Civil Aviation, Ashok Gajapati Raju; Minister of State for Defence, Dr Subhash Bhamre; Rajya Sabha member Rajeev Chandrasekhar; senior bureaucrat and CEO of Niti Aayog, Amitabh Kant; ambassadors and diplomats from 27 countries including Sweden, France, Israel; representatives of Lockheed Martin, Boeing, Airbus, SAAB, BAE Systems, and representatives of CAPA, IATA & Air India, Jet, IndiGo, SpiceJet and GoAir.
The conference, which will be held at Hotel Hyatt Regen- cy, Bhikaji Cama Place, will begin with a welcome address by Prof M.D. Nalapat, the Editorial Director of ITV Network, and will be divided into two sessions. The first session will be on “How to support Make in India policy with partnership and aerospace” and will have Abhay Paranjape, Director of Business Development, Lock- heed Martin Aeronautics as the speaker. A subsequent panel discussion on the same subject will be moderated by Editor, Defence of NewsX, Ashish Singh and will have representatives from Lockheed Martin, Thales, Reliance Defence and Saab.
The morning session will be addressed by Minister of State for Defence, Dr Sub-