pennews
www.pennews.net
Gautam Khaitan remanded to judicial custody till Feb 20 in Money Laundering case
National

Gautam Khaitan remanded to judicial custody till Feb 20 in Money Laundering case

Agency News

New Delhi, Feb 8 : A Delhi court on Friday sent AgustaWestland VVIP chopper scam accused Gautam Khaitan to judicial custody till February 20 in connection with a fresh case of alleged possession of black money and money laundering.

Special Judge Arvind Kumar, on February 2, had extended Khaitan's Enforcement Directorate's custody till Friday.

The ED has filed a fresh criminal case under the provisions of Prevention of Money Laundering Act (PMLA) against Khaitan on the basis of a case filed by the Income Tax Department against him under Section 51 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 and is required to find out his nexus with the Banda family of Zambia.

Khaitan is already being prosecuted in a case related to AgustaWestland and was out on bail.

The ED has alleged that Khaitan was operating and holding a number of foreign accounts illegally and thereby possessing black money.

Counsel for Khaitan on Friday moved an application of bail by submitting that he was not required for further probe.

Special Judge Arvind Kumar after hearing the submission on behalf of Counsel for ED and Defence Counsel passed the order for Khaitan's judicial custody till February 20 and sought reply till February 15 from ED on Khaitan's bail application. (UNI)