STOCK MARKET BSE NSE

VVIP chopper scam: Delhi court reserves order in Businessman Rajeev Saxena's bail plea

On January 5, Saxena moved the court seeking cancellation of Non-Bailable Warrant (NBW) against him in money laundering case related to the VVIP chopper deal.

Published: 17th January 2018 06:45 PM  |   Last Updated: 17th January 2018 06:45 PM   |  A+A-

A file image of the the AgustaWestland helicopter.

By ANI

NEW DELHI: A Delhi court on Wednesday reserved its order for February 3 on bail plea of Rajeev Saxena, a director of a Dubai-based firm.

On January 5, Saxena moved the court seeking cancellation of Non-Bailable Warrant (NBW) against him in money laundering case related to the VVIP chopper deal.

In his plea, Saxena had sought the cancellation of the NBW, claiming that he was not an absconder and had already given related documents and details to the ED.

The court had, on October 6 last year, issued an NBW against Saxena after the Enforcement Directorate (ED) told the court he had not joined the investigation despite repeated summons against him.

Rajeev's name was mentioned on a charge sheet filed against his wife Shivani Saxena, who is out on bail after being arrested by the ED.

On July 29, a Delhi court had reserved its order on the bail plea of Shivani Saxena, an accused in the case.

The Enforcement Directorate (ED) had earlier arrested Saxena, Director of Matrix Holdings Dubai, under the Prevention of Money Laundering Act, 2002 (PMLA) in connection with the case.

The investigation conducted and various documents collected so far revealed that Agusta Westland International Ltd, UK paid an amount of Euro 58 million as kickbacks through Gordian Services Sarl, Tunisia and IDS Sarl, Tunisia.

These companies further siphoned off the said money in the name of consultancy contracts to the Interstellar Technologies Ltd, Mauritius and others, which were further transferred to UHY Saxena, Dubai, Matrix Holdings Ltd Dubai and others. 

More from Nation.

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp