Quick Summary
Directorate of Enforcement (ED) has provisionally attached 59 immovable and movable properties including 53 plots, commercial shops, Industrial plots, agricultural land located at Delhi, Noida, Sonepat (Haryana), Jalandhar, Hyderabad and balances in bank accounts having value of Rs. 28. 67 Crore bel
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FAQ :
The ED has provisionally attached 59 immovable and movable properties, including plots, shops, industrial and agricultural land, as well as bank balances worth £28.67 Crore.
The assets belong to Sunil Dhupar, a former Chartered Accountant and statutory auditor of M/s Shakti Bhog Foods Ltd (SBFL), his family members and companies, and an accommodation entry operator named Devender Kumar.
The seizure is part of a money laundering investigation under the Prevention of Money Laundering Act (PMLA), 2002, related to a bank fraud case involving M/s Shakti Bhog Foods Ltd (SBFL).
The original case involves criminal conspiracy, cheating, and criminal misconduct by M/s Shakti Bhog Foods Limited and others, resulting in a bank fraud of £3269.42 Crore.
Sunil Dhupar, CA, and Indeep Singh Arora, Advocate, were involved in orchestrating the movement of crime proceeds through bank accounts of family members and shell entities related to the settlement of an SEZ Land Deal for SBFL.
The total value of attachments in this case now stands at £129.11 Crore, including previous attachments of over £100.44 Crore.
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