ED attaches Wadhawans’ pvt jet; yacht could be next
New Delhi: The Enforcement Directorate claimed on Saturday that it has attached a private jet and jewellery worth Rs 60 crore of Housing Development and Infrastructure Limited chairman Rakesh Wadhawan and his son Sarang Wadhawan.
It also claimed that it is in touch with authorities in Maldives to attach Wadhwan’s yacht which is anchored there. ED has also frozen the bank accounts of Waryam Singh, former chairman of Punjab & Maharashtra Cooperative Bank, including deposits/fixed deposits of around Rs 10 crore. The agency had also filed a money laundering case against HDIL promoters in the Rs 4,355 crore PMC Bank fraud case. The agency is looking for the details of the other 18 firms linked to HDIL. The ED had Waryam Singh and former PMC Bank MD Joy Thomas.
HDIL was the organiser of a Mumbai fashion event — HDIL Couture Week India, which was letter shelved. HDIL also had stake in Adhikari Brothers’ firms and Hindi news channel Live India. The ED has said it is also looking into the roles of seven directors of HDIL, including Rakesh Wadhawan and Sarang Wadhawan. Both were arrested on Thursday by the Mumbai Police after they were found not cooperating with the sleuths.