Indore: Regional office of Enforcement Directorate (ED), Indore created a record of sort on Thursday when it brought into its custody two masterminds, who laundered whopping Rs 3,150 crore.
First, the ED officials interrogated Rs 2,650 crore fraud accused Vijay Choudhary of Zoom Developers Pvt. Ltd (ZDPL) and latter one of the main accused in Rs 500 crore Katni Hawala case, Satish Saravgi , who went through sustained questioning by the officials. It is said that for the first time the local ED branch interrogated the two accused in a single day.
Choudhary, arrested on Wednesday in Mumbai, was brought to the city and produced before the Special Prevention of Money Laundering Act (PMLA) Court, which sent him to ED custody for 10 days. So, Thursday was the first day of his custody in ED office.
In an another development, Saravgi, who had to be produces before the ED officials about 2 weeks ago, was also brought from Katni jail to on Thursday morning. He is involved in money laundering to the tune of Rs 500 crore. Sources said he (Saravgi) broke-down during interrogation declaring him ‘innocent’.
Actually, he was helping in the interrogation team. So his questioning could not be completed, on Thursday. He is likely to be interrogated on Friday also. His interrogation is important to ascertain the sources of money and where the laundered money invested. The ED has already completed interrogation of another accused of the case, Manvendra Mistri, about a week ago.
The Katni hawala case came to limelight when the then SP of the city Gourav Tiwari cracked down the case and he was later transferred to Chhindwara. Saravgi and Mistri are alleged to be involved in money laundering with the help of one private bank.
Choudhary spent a night in ED office
Choudhary spent whole night in the ED office yesterday. He is one of the top defaulters of the country, who use to take loans from banks by presenting fake documents and invested the amount in building properties in different part of country as well in foreign countries. He is allegedly laundered money with help of his own 485 companies. However, On Thursday officials interrogated him for the day.
Officials are trying to ascertain where he has invested Rs 2650 crore, collected through frauds.
On Choudhary’s application court keeps order reserved
After a brief hearing on application of advocate of Choudhary allowing him to be present during interrogation with his client, the PMLA designated court kept the order reserved for May 6. Earlier, counsel of Choudhary Harshit Sethi presented a High Court ruling in this regard. However, Special Public Prosecutor Sonali Bade presented a Supreme Court ruling.