The Enforcement Directorate has taken the custody of ABIL group chairman Avinash Bhosle in reference to an alleged cash laundering case, an official mentioned on Tuesday.
The Pune-based businessman had earlier been arrested by the Central Bureau of Investigation (CBI) in reference to an alleged corruption case involving Sure Financial institution founder Rana Kapoor and Kapil Wadhawan of the DHFL.
He was subsequently lodged on the Arthur Street jail in Mumbai.
On Monday night, officers of the ED took Bhosale’s custody from the jail, the official mentioned.
He can be produced earlier than a court docket later within the day, sources mentioned.
The CBI probe within the Sure Financial institution-DHFL financial institution fraud case had introduced beneath the scanner the function of Pune-based auto driver-turned-real property baron Avinash Bhosale, who as a intermediary allegedly acquired kickbacks of over Rs 360 crore from one other actual property developer for facilitating loans from the DHFL, which become non performing belongings, officers earlier mentioned.
The CBI had stumbled upon two funds of over Rs 68.8 crore and Rs 292 crore to Bhosale’s corporations made by Radius Builders, whose proprietor Sanjay Chhabaria was not too long ago arrested within the case, that they had mentioned.
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