The Enforcement Directorate has arrested AgustaWestland scam accused Rajiv Saxena in a bank fraud case.
Enforcement Directorate has arrested AgustaWestland scam accused Rajiv Saxena.
Rajiv Saxena, an accused in AgustaWestland Chopper scam, has been arrested by the Enforcement Directorate (ED) in a bank fraud case. A top source from the agency has confirmed the development.
While he turned approver in the VVIP chopper case, the financial probe agency had filed an application before the court seeking cancellation of his approver status.
It may be noted that Rajiv Saxena is also being probed in the Moser Baer bank fraud case in which Ratul Puri was arrested by ED.
According to the financial probe agency, Saxena used to operate his business from Dubai and allegedly worked as hawala operator. Through his company, Matrix Group, he laundered proceeds of crime in AgustaWestland Chopper scam and Moser Baer bank fraud case.
ED had initiated a money laundering probe based on an FIR by the Central Bureau of Investigation (CBI).
CBI had registered a case after a complaint was filed by the Central Bank of India for offences related to criminal conspiracy and forgery for the purpose of cheating, using forged documents as genuine and criminal misconduct by Moser Baer India Ltd. and its directors. Central Bank of India was allegedly cheated to the tune of Rs 354.51 crore.
“The loans to the tune of Rs…