The Enforcement Directorate yesterday filed its charge sheet against MP CM Kamal Nath’s nephew Ratul Puri and his company Moser Baer for alleged money laundering and bank fraud. As per reports, the ED charge sheet states that Puri and his company laundered money and misappropriated funds worth Rs 8000 crores.
As per reports, the ED charge sheet mentions that Puri, who is the nephew of Madhya Pradesh CM Kamal Nath, and his associates have misappropriated funds, raised from nearly 30 banks and financial institutions for business purposes, to the tunes of approximately 8000 crores.
The embezzled amount mentioned by the ED reportedly surpasses their previous estimates. Moser Baer’s total liabilities have been put at Rs 7979 crores.
Special judge Sanjay Garg has reportedly taken cognisance of the charge sheet and has scheduled the examination of documents from November 25.
The ED had arrested Puri on August 20. He was sent into judicial custody by the court till October 17. Apart from ED, the CBI and Income Tax department are also probing Puri and his company Moser Baer.
He is also accused of money laundering in the AugustaWestland VVIP Chopper scam. His anticipatory bail was earlier rejected. The ED has also accused that Ratul Puri is responsible for the murder of a witness in the VVIP chopper scam.
Ratul Puri, his father Deepak Puri, and his mother Nita Puri (Kamal Nath’s sister) were booked by the ED in a Prevention of Money Laundering Act (PMLA) case in connection with a bank fraud case filed by the Central Bank of India. The ED case was based on the August 17 CBI FIR against Puri.
Apart from the Puri family, other individuals, Sanjay Jain and Vineet Sharma were also booked by the CBI for alleged criminal conspiracy, cheating, forgery and corruption for using forged and fabricated documents to get the banks to release funds for Moser Baer.
