The Enforcement Directorate has provisionally connected Rs 10.29 crore of the Trinamool Congress (TMC) within the type of a requirement draft tendered by it throughout the investigation into an alleged cash laundering case involving Alchemist Group and others.
The pinnacle of the Alchemist Group, former TMC MP Kanwar Deep Singh, was arrested by the ED in January on prices of cash laundering.
“The ED investigation has revealed that an quantity of Rs 10.29 crore was paid by Alchemist Airways Pvt Ltd to varied aviation/helicopter firms for the aviation providers availed by All India Trinamool Congress throughout the campaigning for 2014 Lok Sabha elections for its star campaigners reminiscent of West Bengal Chief Minister Mamata Banerjee, former Union Railway Minister Mukul Roy, Munmun Sen, MP Nusrat Jahan and others,” an ED spokesperson alleged in a press release Monday.
The ED had initiated a probe into the affairs of Alchemist Group in 2018 on the premise of FIRs registered by Kolkata Police towards Singh, his son Karandeep Singh, M/s Alchemist Township India Restricted, M/s Alchemist Holdings Restricted, and numerous different group firms and their administrators for allegedly dishonest 1000’s of shoppers and buyers.
“The ED investigation revealed that M/s Alchemist Group collected funds amounting to greater than Rs 1,800 crore from buyers/victims in its firms particularly, M/s Alchemist Holdings Restricted and M/s Alchemist Township India Restricted on false guarantees of offering excessive returns and giving flats/villas/plots/excessive charge of curiosity on the investments to the general public/buyers/victims. Nonetheless, the buyers/public had been by no means returned their cash and the funds had been siphoned off/diverted to varied group firms of the Alchemist Group,” the spokesperson mentioned.
The ED investigation has additionally revealed that part of the cash collected by dishonest the general public was utilized by Alchemist Group for making funds to aviation firms on behalf of the AITC, the ED alleged.
