NEW DELHI: A special court in Panchkula has taken cognisance of a chargesheet filed by the Enforcement Directorate against Lalit Goyal, vice-chairman and managing director of IREO group which is being probed for round tripping and laundering of thousands of crores. This will lead pave the way for the beginning of trial against Goyal who is in judicial custody since his arrest in November last year.
Goyal and the IREO group have at least 30 FIRs pending against them based on which the ED had initiated investigation under the Prevention of Money Laundering Act (PMLA). The IREO group is being probed by the income tax and the ED for the last one decade related to suspected FDI inflows of more than Rs 7,000 crore which came through suspicious transactions from Mauritius.
The ED has claimed that Goyal and IREO have been behind alleged laundering of investors’ money to the tune of Rs 1,200 crore to tax havens which were later brought back to India through round-tripping, in the garb of FDI.
“Investigation revealed that IREO Group of companies diverted customer receipts to the tune of Rs 1,225 crore outside India violating the FDI policy and other laws,” ED claimed.
