Ahmedabad: The Enforcement Directorate arrested dangling Gujarat-cadre IAS officer Pradeep Sharma on Sunday in tie with a income laundering case.
Officials pronounced Sharma had been requisitioned underneath a Prevention of Money Laundering Act (PMLA) formed on an FIR of a Gujarat CID. He was arrested after he reached a bureau of a ED here for interrogation.
They claimed that a 1994-batch officer was not auxiliary with a investigators so his custodial inquire was necessary.
The Supreme Court had recently vacated an halt stay on his detain after a ED filed an confirmation seeking his detain in a case.
The box pertains to permit of supervision land in Bhuj for industrial use to Ms Welspun India Limited, and a organisation companies, Welspun Power and Steel and Welspun Gujarat Style Roharan, in 2004 when Sharma was a District Collector and Chairman of a District Land Evaluation and Pricing Committee.
The executive agency’s examine in a box found that Sharma had allegedly “sanctioned outrageous land during cheaper cost to Ms Welspun India Ltd. and a sister concerns Ms Welspun Gujarat Stahi Rohren, Ms Welspun Power and Steel association by manipulative acts in sum defilement of norms, instructions and discipline as laid down by a state supervision of Gujarat”.
Through this allotment, Sharma, in connivance with some others, “has allegedly caused financial waste to a state supervision to a balance of Rs 1.20 crore (approx)”, a group said.
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“Against this favour, he has perceived benefit to a balance of Rs 22 lakh in a name of his mother Shyamal P Sharma within a brief duration of 15 months by only investing Rs 1 lakh (in Jan 2008) in one Ms Value Packaging,” a ED examine news said.
The ED invoked PMLA alleging that a income was initial deposited in his wife’s abroad bank comment and afterwards eliminated to his comment in defilement of a Act.
The CID had arrested Sharma in this box and he after got bail.
The ED suspects that Sharma is a customer of an purported undisclosed Swiss bank account. It has trustworthy Sharma’s resources value Rs 75 lakh in this case.
Sharma had progressing filed a petition in a Supreme Court alleging that he was being victimised by a afterwards Narendra Modi supervision in Gujarat and had sought a CBI exploration into a cases opposite him. However, a Supreme Court had deserted his application.