New Delhi: The Enforcement Directorate Team on Wednesday conducted a search in nine places belonging to the Supertech Group and Chair of the Promoter R Arora in connection with the money laundering case registered in the group.
Toi has reported on September 5th that Ed has initiated the process of registering money laundering investigation towards Arora and its group entity.
Look out notifications simultaneously issued by the agency to prevent the company’s promoter from leaving the country until the probe extension.
The Supertech Group faces the demolition of the twin tower of 40 floors in Noida after the APEX court upholds the appraisal of 2014 from the High Court of Allahabad who ordered the demolition on November 30 this year because it was built to violate the laws in collusion with senior officials of the Noida Authority.
All permissions related to the construction of twin towers are given between 2004 and 2012.
However, Supertech’s Chairperson has claimed that there is no illegal in the construction of twin towers and that all bye laws are followed.
In a related investigation, Ed previously asked the former Chair and CEO of Noida Authority Mohinder Singh along with six other former high-ranking officials from Noida and Greater Noida authorities for alleged their collusion.
Former officials from Noida and the larger Noida authorities in Educating Ed include Manoj Rai and Yashpal Tyagi, both former OSD authority Noida, three general manager (GM) officers from the authority of Noida AGM and one Ranking AGM Noida Authority.
Some of them have been recorded.