The Directorate of Execution resumed the case after learning of the FIRs filed by Gujarat CID
New Delhi:
Assets valued at more than 14 billion rupees from companies “controlled” by former Gujarat IAS officer Sanjay Gupta were seized under anti-money laundering law, a said the executive director on Wednesday.
Sanjay Gupta, a 1985 Indian Administrative Services (SAI) officer, left the service in 2002 and later started his own hospitality business under the name of the Neesa Group of Companies, the agency said.
This is the second garnishment order against Sanjay Gupta, as the agency had frozen property worth more than 36.12 crore rupees belonging to him and his family in December of last year .
The Law Enforcement Branch (ED) case against Sanjay Gupta concerns allegations of criminal misconduct and embezzlement of the Metro Link Express for Gandhinagar and Ahmedabad Company Limited (MEGA). The officer was president of MEGA from April 2011 to August 2013.
“The attached properties include an apartment in sector 62 of Noida, industrial plots in a special economic zone in Dahej in Gujarat and the Cambay hotel in Thaltej in Ahmedabad,” the central polling agency said in a statement. .
The properties, valued at Rs 14.15 crore, are held in the name of Neesa group companies such as Neesa Leisure Limited, Neesa Infrastructure Limited, Euclid Constructions Limited and “owned or controlled” by Sanjay Gupta, did he declares.
The ED investigation revealed that “Sanjay Gupta, during his tenure as MEGA president, had arbitrarily appointed his close associates to various official positions, who previously worked with him in the Neesa group”.
“He also floated a number of paper or mannequin companies with these employees as directors and had these companies’ bank accounts opened in 2012-13,” the agency said.
He alleged that shell companies involved in the case presented fabricated and dummy invoices to MEGA without any supply of goods or services.
<< Sanjay Gupta has not adopted any procedure for awarding employment contracts in MEGA thanks to the wide dissemination of advertisements in the media and newspapers. The dummy companies were awarded contracts on the pretext of supplying goods and services to MEGA and false invoices were raised.
“These false invoices and invoices were certified by the illegally recruited MEGA officials and the payments were finally approved by Sanjay Gupta, the administrative and financial powers being entrusted to him,” the agency said.
The ED resumed the case after learning of the FIRs and the accusation sheets filed by the Gujarat CID against Sanjay Gupta and others. He was also arrested by the CID state in 2015.
(With the exception of the title, this story was not edited by GalacticGaming staff and is published from a syndicated feed.)
