ED claims links of Lobbyist Deepak Talwar with Vijay Malya; Delhi Court Extends Custody till February 12



ED claims links of Lobbyist Deepak Talwar with Vijay Malya; Delhi Court Extends Custody till February 12

New Delhi, February 7: Following the Enforcement Directorate's (ED) claim regarding links between corporate lobbyist Deepak Talwar and fugitive offender Vijay Mallya in a money laundering case, Special Judge S.S. Mann of a Delhi Court today extended the ED’s custody of Deepak Talwar till February 12.

The court extended the custody period for seven days so that Talwar would be confronted in the presence of his son who is in abroad at present and has been summoned on February 11.

The agency in its claim before the court asserted that it has been revealed in the investigation that  Deepak Talwar has links with Vijay Mallya, both were evading the process of law and the probe is on to determine the trail of the tainted money.

Notably, 63-year-old businessman Vijay Mallya in December challenged his extradition in a British Court and lost it. Consequently, his extradition to India was ordered by the UK Home Secretary, Sajid Javid on Monday in a major blow to the embattled liquor baron.

Talwar was deported along with Dubai-based businessman Rajeev Saxena, to India on January 30 and arrested by the agency and sent to seven days custody.

Talwar is in Enforcement Directorate custody since his deportation from Dubai. He was wanted by the probing agencies ED as well as the CBI in a case pertaining to misuse of over Rs. 90 crores.

The aforesaid amount was taken through foreign funding route as part of Corporate Social Responsibility (CSR) and was allegedly diverted, though, it was meant for ambulances and other articles received by his NGO from Europe's leading missile manufacturing company.

Besides this, Talwar is also under the scanner for some aviation deals during the UPA government's regime.

He is also booked by the Income-Tax department along with probing agencies for tax evasion.

Talwar has been charged with criminal conspiracy, forgery and under various other relevant sections of the Foreign Contribution (Regulation) Act, 2010 (FCRA) for allegedly diverting foreign funds.

Earlier to this, during the course of proceedings before a trial court, ED contented that Talwar has acted as a middleman in negotiations in order to favour some foreign private airlines including Qatar Airways, Emirates and Air Arabia, resulting in turn lost to national carrier Air India.

 

Corporate Social Responsibility (CSR)
Deepak Talwar
Enforcement Directorate (ED)
Extradition
Foreign Contribution (Regulation) Act 2010 (FCRA)
Fugitive Economic Offender ("FEO")
Fugitive Economic Offenders Act 2018
Income Tax Department
UPA Government
Vijay Mallya

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