ED raids against people linked to Reliance Power; company denies
New Delhi (PTI): The Enforcement Directorate on Friday conducted searches at multiple locations in Mumbai and Hyderabad as part of an investigation against entities linked to Reliance Power Ltd., a group company of businessman Anil Ambani, officials said.
Reliance Power denied that the federal probe agency raided any of its offices or premises.
About 10-12 locations linked to the said company and its executives are being searched in Mumbai and Hyderabad, the officials said.
About 15 teams of the agency are undertaking the action, they said.
Reliance Power said in a statement furnished to the stock exchanges that "to the best of its knowledge, no such action has been carried out at any of the offices or premises of the Company."
The ED is investigating multiple companies linked to Anil Ambani as part of an alleged bank fraud linked money laundering case apart from financial irregularities under the Foreign Exchange Management Act (FEMA).
Ambani, 66, has been questioned twice by the ED under the anti-money laundering law as part of this investigation.
The ED has formed a special investigation team (SIT) to probe the cases against Ambani's group companies on the directions of the Supreme Court.
According to information furnished by the ED to the apex court, it has filed three money laundering cases against the Anil Dhirubhai Ambani Group (ADAG) to investigate charges of bank loan fraud and other financial irregularities.
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Nashik court sends ‘godman’ Kharat to 3-day police custody in 7th sexual exploitation case
Nashik (PTI): A court in Maharashtra's Nashik has remanded self-styled astrologer-cum-godman Ashok Kharat to police custody till April 29 in the seventh case of sexual exploitation registered against him.
Kharat, a former Merchant Navy officer arrested on March 18, is accused of sexually exploiting several women and indulging in large-scale financial fraud by claiming to have divine powers and knowledge of black magic.
In the seventh case, Kharat sexually exploited a married woman who had approached him in search of solutions to her family problems.
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The accused allegedly gave the woman something to drink, sexually assaulted her while her husband sat outside his office and threatened to kill her if she told anyone about it.
The Special Investigation Team (SIT), which is probing into 12 cases of sexual exploitation and financial fraud registered against Kharat in Nashik and Ahilyanagar districts, on Sunday filed a request application in the court demanding his custody in the seventh case.
Kharat was produced in court for a virtual hearing in the seventh case on Monday.
The prosecution demanded six-day police custody for Kharat, citing the discovery of a locker in Kharat's house during the investigation, from which the police recovered two blank cheques and other documents, all of which have to be probed.
The court agreed to the prosecution's demand and remanded Kharat to three-day police custody till April 29 in the case.
Kharat has been at the centre of a political firestorm, as he was well-connected, and photographs of him with political leaders and other important members of society have been surfacing in mainstream and social media since his arrest.
