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Mumbai: Sanjay Raut granted bail in cash laundering case associated to Patra chawl | Mumbai Information – Instances of India


Mumbai: A particular PMLA court docket granted bail to Shiv Sena MP Sanjay Raut in a cash laundering case associated to Patra Chawl.
Raut was arrested by the Enforcement Directorate on July 31. The court docket additionally granted bail to Sanjay Raut’s good friend and alleged aide businessman Pravin Raut.
Sanjay Raut and Pravin Raut had been current in court docket. The defence had denied the allegations of cash laundering.
ED had alleged that it had been ascertained that Raut and arrested accused, his good friend and businessman Pravin Raut, and HDIL promoters Rakesh Kumar Wadhawan and his son Sarang Wadhawan, conspired collectively and hatched a conspiracy to siphon off cash from the Patra Chawl redevelopment undertaking with out finishing the work.
Throughout his remand listening to the ED had alleged that Raut used an extra Rs 1.17 crore of proceeds from crime for buying land at Alibaug, whereas his spouse Varsha acquired Rs 1.08 crore into her checking account. The Rauts additionally acquired Rs 1.06 crore from Pravin Raut, a key accused within the Patra Chawl redevelopment case, the ED advised the court docket. Raut has denied the allegations.
The ED in its chargesheet had mentioned that in 2006-07, Raut attended conferences, one with officers of Mhada. Thereafter, developer Rakesh Wadhawan by way of Guru Ashish Building Pvt Ltd (GACPL) was introduced into the image to execute the Patra Chawl redevelopment undertaking, mentioned the ED’s supplementary chargesheet.
The ED case is that to “train management” Raut inducted his “aide and confidante” Pravin Raut as director of GACPL who then offered large free sale part of FSI within the undertaking to different builders for Rs 1,034 crore, which quantities to ‘proceeds of crime (POC)’ from which Raut and household utilised funds for “home and international” journeys and in addition acquired belongings.





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