ED attaches Rs 94.24 lakh assets of firm involved in 2010 Games
The ED said the company and its director Raja Aederi and executive director Uday Shankar Bhat have been found guilty by a trial court.
New Delhi: Almost nine years after the Commonwealth Games (CWG) were held in India, the Enforcement Directorate (ED) on Wednesday said it has attached assets worth Rs 94.24 lakh of a company, which was involved in the renovation of two stadiums in Delhi, under a money laundering law.
The federal probe agency issued a provisional order under the Prevention of Money Laundering Act (PMLA) for the attachment of properties of Raja Aederi Consultants Pvt Ltd. The firm had taken up a consultancy contract for upgradation and renovation of Shivaji Stadium and Talkatora Stadium, the agency said in a statement issued here on Wednesday.
The ED had booked the firm and its directors on the basis of a CBI FIR and chargesheet filed on charges of corruption. The ED said the company and its director Raja Aederi and executive director Uday Shankar Bhat have been found guilty by a trial court here.
Attached assets include property of the company lying with the NDMC and it is worth Rs 94.24 lakh, the agency said.
The company, the agency said, had “submitted false documents to NDMC (New Delhi Municipal Council) in order to obtain four contracts pertaining to upgradation and renovation of Shivaji Stadium and Talkatora Stadium for a work value of '1 crore (Rs 50 lakh each for both the stadiums).”