Actor and businessman Sachiin Joshi on Friday filed a bail plea in the Omkar Group fraud case in whose connection he had been arrested for money laundering.
The 37-year-old has been accused of laundering funds the Group had secured from Yes Bank for slum redevelopment projects.
The ED had arrested him on 15 February and thereafter he had been under the agency’s custodial interrogation till 22 February. The agency has alleged that Omkar Group had transferred funds to his and his company’s accounts in the name of SRA eviction and tenants’ rehabilitation work, but no actual work was done by him.
Joshi, the ED says, had helped the Group layer and siphon off the monies and caused a loss to Yes Bank.
(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )
(To receive our E-paper on WhatsApp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)
