Knight Riders Sports Clarifies On Probe Agency’s Move In Rose Valley Case
The worth of houses seized within the Rose Valley Team instances has reached round Rs four,750 crore.
New Delhi:
What may spell hassle for Bollywood celebrity Shah Rukh Khan’s spouse Gauri Khan and actress Juhi Chawla’s husband Jay Mehta, the Enforcement Directorate (ED) has connected Rs 70 crore financial institution accounts of Knight Riders Sports (KRSPL), St. Xavier’s Faculty, Kolkata, and others in reference to the Rs 17,520 crore Rose Valley chit fund rip-off probe.
A senior ED legitimate stated the company had connected houses of quite a lot of firms and people who gained finances from the Rose Valley Team. Rs 16.2 crore financial institution accounts of A couple of Motels, St. Xavier’s Faculty and KRSPL had been connected beneath the Prevention of Cash Laundering Act (PMLA).
On the other hand, a Kolkata Knight Riders (KKR) supply stated it had not anything to do with Shah Rukh Khan and his spouse and the “settlement” with Rose Valley was once simply “any other sponsorship deal” and there was once “not anything” extra to it.
“Shah Rukh Khan and Gauri Khan don’t have anything to do with it. Additionally, the deal between KKR and Rose Valley was once like every other sponsorship deal. There may be not anything extra to this,” a KKR supply instructed IANS.
With the new attachment, price of houses seized within the Rose Valley Team instances has reached round Rs four,750 crore.
St. Xaviers Faculty and KRSPL had gained bills from the financial institution accounts of the Rose Valley Team, the legitimate stated. But even so Gauri Khan and Mehta, Venky Mysore may be some of the administrators of KRSPL.
Mysore may be the CEO of the Indian Premiere League (IPL) workforce KKR, owned by way of Crimson Chillies Leisure and promoted by way of Shah Rukh Khan. In October 2019, the ED wondered Mysore because the Rose Valley Team had backed the IPL workforce for 2 years.
It had additionally wondered Shah Rukh Khan in 2015 in reference to the alleged Overseas Alternate Control Act (FEMA) violations in promoting round 5 million KRSPL stocks at an undervalued price to Mehta.
Throughout the ED and the Central Bureau of Investigation (CBI) probe into the Rose Valley Team rip-off, a number of distinguished Trinamool Congress (TMC) leaders, together with Sudip Bandopadhyay (MP) and Tapas Buddy (MLA), had been interrogated, arrested and jailed. Bandopadhyay and Buddy are on bail.
The ED has additionally wondered many Bangla film personalities, like Rituparna Sengupta and Prosenjit Chatterjee for performing in movies funded by way of Gautam Kundu, Rose Valley Team promoter and Director. Kundu, arrested in March 2015, is in judicial custody.
But even so the financial institution accounts, the ED has additionally connected 24 acres land at Ramnagar and Mahishdal within the Purba Mednipur district of West Bengal, one acre land at Jyoti Basu Nagar in Kolkata, one flat at Dilkap Chambers in Mumbai and one resort of the Rose Valley Team.
The ED had registered a cash laundering case in 2014 at the foundation of FIR filed by way of the West Bengal Police and the CBI in opposition to the Rose Valley Team of Firms. The Rose Valley ponzi scheme was once unearthed in 2013.The gang allegedly floated 27 firms to run quite a lot of schemes and picked up Rs 17,520 crore from depositors in West Bengal, Assam and Bihar.
Throughout the probe it was once discovered that the Team accrued greater than Rs 17,520 crore from other people throughout India by way of luring them to deposit finances at the false promise of prime go back/pastime. Of this, Rs 10,850 crore was once refunded. The remainder Rs 6,670 crore is unpaid, which constitutes the proceeds of crime.
Previous, the ED had recognized and connected beneath the PMLA Rs four,680 crore houses, which integrated a number of sumptuous lodges, motels, cars, residences, lands, gold and jewelry.
The ED has filed a couple of charge-sheets in Kolkata and Bhubaneswar courts within the case.
