ACB informs ED about Vipul Chaudhary's money laundering deals


Gandhinagar, Sep 24 (IANS): Gujarat's Anti Corruption Bureau (ACB) told the media on Friday that it has informed the Enforcement Directorate (ED) about the money laundering transactions made by ex-MoS Home Vipul Chaudhary, who is facing charges of alleged financial irregularities to the tune of Rs 800 crore during his tenure as Dudhsagar Dairy chairman.

ACB officials said that during the investigation, they found transactions with four fake companies, which are not registered with the Registrar of Companies.

The ACB also unearthed 22 bank accounts, in which transactions worth crores of rupees have been detected.

Vipul Chaudhary was picked up by the ACB on September 14. Addressing the media the next day, ACB's Joint Director Makrand Chauhan had said that during Chaudhary's tenure as the chairman of Dudhsagar Dairy, he had indulged in malpractices using various means.

"As the chairman, Chaudhary misused his power and gave contracts for coolers at inflated price. He also issued contract for advertising hoardings at a very high price," Chauhan had said.

 

  

Top Stories


Leave a Comment

Title: ACB informs ED about Vipul Chaudhary's money laundering deals



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.