Yes Bank-DHFL fraud case: ED notice to Pune businessman to vacate house

The 61-year-old businessman has been directed to vacate his Pune-based residential property.

IANSUpdated: Thursday, June 02, 2022, 12:42 PM IST
article-image
ED notice to Pune businessman to vacate house | www.abilgroup.com

The Enforcement Directorate has issued a notice to businessman Avinash Bhosale, who was recently arrested by the Central Bureau of Investigation (CBI) in connection with a money laundering case.

The 61-year-old businessman has been directed to vacate his Pune-based residential property.

Last year, the probe agency had attached it last year but Bhosale refused to leave.

Bhosale was arrested on May 26 in connection with an alleged corruption case pertaining to Yes Bank and Dewan Housing Finance Corporation Limited (DHFL). He was sent to CBI's custody till June 8.

After arrest, Bhosale was taken to Delhi for further interrogation.

He has been accused of routing ill-gotten money through his Maharashtra-based real estate companies.

In 2018, Bhosale had received around Rs 68.82 crore from DHFL and called it consultancy charges. The probe agency has claimed that Bhosale didn't provide any consultancy service to DHFL and the money received by him was nothing but an alleged proceed of crime.

(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.)

RECENT STORIES

West Bengal: CPI(M) lawyers filed cases to stop hiring in schools, approach them, says Mamata...

West Bengal: CPI(M) lawyers filed cases to stop hiring in schools, approach them, says Mamata...

Maharashtra Govt signs MoU with Adani Green Energy for Rs 60,000 cr investment to set up pumped...

Maharashtra Govt signs MoU with Adani Green Energy for Rs 60,000 cr investment to set up pumped...

Thane Municipal Corporation honoured with 'SKOCH' award in Delhi for Municipal Governance

Thane Municipal Corporation honoured with 'SKOCH' award in Delhi for Municipal Governance

Udaipur beheading: Both accused of murder of man in Udaipur arrested from Rajsamand

Udaipur beheading: Both accused of murder of man in Udaipur arrested from Rajsamand

Maharashtra political crisis live update: Eknath Shinde posts videos of MLAs showing support to him...

Maharashtra political crisis live update: Eknath Shinde posts videos of MLAs showing support to him...