Mumbai: ‘As retainer in HDIL, Wadhawan’s wife got Rs 70 lakh per month’

MUMBAI: Anu Wadhawan, wife of Sarang aka Sunny Wadhawan, was being paid Rs 70 lakh a month as a retainer in one of the

HDIL

Group companies, according to chargesheet submitted in court by the Enforcement Directorate (ED) in the

PMC Bank scam.

The ED questioned her about the source of funds for the purchase of a bungalow in Bandra along with flats in Golf Links Building, and bungalows in Alibaug and Vasai. She told the ED she was not aware about the source of funds used for purchase of these properties.


She told officials she did not hold the post of director in any of the HDIL group companies and worked as a retainer in Privilege Industries Ltd. She joined the company in 2016. Sunny and his father Rakesh were directors in the company.The ED recorded her statement in a money laundering case they are probing against the Wadhawans in the Punjab and Maharashtra Cooperative (PMC) Bank fraud. She told officials she was not involved in her husband’s business activities.

The ED has arrested her husband and his father Rakesh Wadhawan in the case. Earlier, the ED had seized jewellery worth Rs 60 crore, including a diamond ring worth Rs 15 crore, that she had kept with her relative to avoid its attachment. Rakesh Wadhawan, in his statement, admitted the

PMC

was evergreening the account and it disbursed a fresh loan to him in August 2019, a month before the registration of the fraud case.

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