‘Misusing funds’ for polls: ED arrests man detained at Ahmedabad airport

2 days ago 3

Ahmedabad airdrome ED The ED has claimed that determination was an LOC issued against the Malegaon-based trader and helium was detained astatine the Ahmedabad airdrome portion trying to permission the country, allegedly attempting to fly to Dubai. (Representational image)

The Enforcement Directorate (ED) connected Thursday arrested a man, who was detained astatine the Sardar Vallabhbhai Patel International Airport successful Ahmedabad connected Wednesday, successful transportation with a money-laundering probe against a Malegaon-based trader who allegedly misused slope accounts for electoral malpractice.

The ED arrested Akram Mohammed Shafi claiming his engagement successful helping different accused to unfastened aggregate slope accounts successful Malegaon which were past utilized for transportation of funds to ammunition companies, to the tune of Rs 125 crore.

Shafi was produced earlier the peculiar tribunal successful Mumbai. As his aesculapian trial was not conducted, helium volition beryllium produced earlier the tribunal connected Friday, erstwhile the ED volition question his custody for further probe.

The ED has claimed that determination was an LOC issued against Shafi and helium was detained astatine the Ahmedabad airdrome portion trying to permission the country, allegedly attempting to fly to Dubai.

The ED has said that Shafi was fixed summons and brought to the ED and asked to stay contiguous connected Thursday. Shafi appeared earlier the bureau and his connection was recorded. He was arrested successful the evening aft his impervious of his engagement was found, the bureau claimed.

14 accounts opened successful Malegaon bank: ED

According to the ED, 14 accounts were opened successful a slope successful Malegaon initially successful connivance with the trader named Siraj Ahmad.

Money was transferred done hawala into these accounts and transactions were done done ammunition companies of Rs 125 crore.

The ED claimed that pursuing the transactions, the wealth was withdrawn successful cash. The ED claimed that Shafi had arranged recognition documents to assistance unfastened the accounts.

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