NEW DELHI: A Delhi court on Thursday granted nine-day custody of Sukesh Chandrashekhar to the Directorate of Enforcement in a fresh case of extortion and money laundering. He has been arrested in another enforcement case information report registered by ED for allegedly duping Malvinder Singh’s wife, Japna Singh, of Rs 3.5 crore.
He was sent to custody by the court of additional sessions judge Shailender Malik.
According to the complaint, Chandrashekhar had allegedly called Japna Singh and impersonated a senior government official and extorted money from her.
“The custodial interrogation of Sukesh Chandrashekhar is essential for identification of proceeds of crime-related activities/financial transaction layering, confrontation of the seized material during searches, confrontation of various related persons and to unearth the deep-rooted conspiracy for furtherance of investigation,” said the remand application of ED.
The application stated there is material evidence and reasons to believe guilty of the offence of money laundering as per Section 3 punishable under Section 4 of the PMLA. He is involved in the laundering of proceeds of crime and has been involved in projecting the proceeds of crime as untainted, ED alleged.
It further stated that he was deliberately withholding and not divulging the evidence and thus not cooperating in the investigation and his custodial interrogation would enable the investigating agency to ascertain and identify the funds laundered. “His custodial interrogation is therefore required for an effective investigation of the case to bring the instant case to a logical conclusion,” said the application.
His custodial interrogation is also necessary to ascertain his complicity with other key players involved in laundering the proceeds of crime, ED said.
Malvinder Singh is now lodged in jail in a case against him linked to alleged misappropriation of funds at Religare Finvest Limited.
Chandrashekhar was earlier arrested by ED in a PMLA case where he is alleged to have duped Aditi Singh, the wife of Malvinder Singh’s brother Shivinder Singh.
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