VVIP chopper deal: ED searches businessman's premises

September 22, 2014 22:31

The Enforcement Directorate today conducted searches on the premises of a former board member of an accused firm in connection with its money laundering probe in the Rs 3,600 crore Agustawestland chopper deal.

Officials said the agency searched two premises of Gautam Khaitan in Delhi and seized jewellery worth Rs 1 crore and impounded some financial documents.

The agency's action came in the backdrop of a criminal case slapped by it against Khaitan, former IAF chief S P Tyagi and 19 others in the VVIP chopper deal to probe alleged kickbacks of Rs 360 crore.

Khaitan, an advocate, was on the board of Chandigarh-based company Aeromatrix.

According to the CBI and other agencies, they have detected that funds for the particular deal were allegedly routed through this firm.

A reference to Khaitan was reportedly made in the Italian prosecutor's report filed in a court in Italy.

He, however, has refuted all the allegations made against him.

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