NEW DELHI: A Delhi court on Saturday took cognisance of a charge sheet by the Enforcement Directorate (ED) against businessman and Avantha Group of companies promoter Gautam Thapar and 20 others in connection with Rs 500 crore money laundering case.

Special judge Sanjeev Aggarwal summoned the accused persons and companies on five dates from October 20 to November 30, noting that the presence of such a large number of accused persons and their counsels on a single date may not be conducive for adhering to the Covid SOPs.

“I hereby take cognisance of offence as there are sufficient grounds to proceed against the accused persons arraigned in the present complaint,” the judge said.

The final report, filed by ED’s Special Public Prosecutor N K Matta, alleged that the accused committed criminal breach of trust, cheating, criminal conspiracy and forgery for diversion and misappropriation of the public money from 2017 to 2019 and caused loss to the tune of Rs 466.51 crore to YES Bank.

Thapar, 60, was arrested under the Prevention of Money Laundering Act (PMLA) on August 3 after the agency carried out raids against him and his linked businesses in Delhi and Mumbai.

He is currently in judicial custody.

The ED was probing an alleged transaction between his company Avantha Realty, Yes Bank co-founder Rana Kapoor and his wife, who are already being investigated under the PMLA by the agency.

The case of money laundering was filed by the ED after taking cognisance of an FIR lodged by the…

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