ED conducts searches at DLF offices, seizes documents; its Supertech connection ‘under lens’
The ED action against DLF comes in connection with its investigation against another realty giant Supertech. It may be noted that the investigative agency had arrested Supertech chairman RK Arora in June this year and is currently incarcerated in jail
New Delhi: The Enforcement Directorate (ED) conducted searches at the offices of real estate giant DLF for two consecutive days and seized several damning documents from its premises, reports said.
The ED searches were conducted at the DLF offices in Gurugram on November 23 (Thursday) and November 24 (Friday).
The ED action against DLF comes in connection with its investigation against another realty giant Supertech. It may be noted that the investigative agency had arrested Supertech chairman RK Arora in June this year and is currently incarcerated in jail.
The agency sleuths had grilled many office-bearers of Supertech for 3 days, before zeroing on group chairman.
The ED had initiated money laundering probe against the real estate developer on back of slew of FIRs against Supertech by Delhi, UP & Haryana police.
According to reports, the ED case against Supertech was based on FIRs lodged with Economic Offences Wing (EOW), which accused the company of hatching a plot to deceive home buyers.
After probing money laundering charges, the agency had filed its chargesheet against Supertech chairman & promoter RK Arora, his company & 8 others in August and accused them of defrauding more than 650 home buyers to the tune of Rs 164 crore.
According to ED chargesheet, the realty major cheated hundreds of home buyers by taking money in advance against flats but never delivered the same. It also noted that the money was diverted to company’s other projects.