Nalco CMD Abhay Kumar Srivastava, which CBI Sleuths took over to the Patiala House courts after winning 30 lakh in cash and about 10 kg of gold worth 2 Crore in Nový Delhi in February 2011. | Photo Credit: Hind
The Directorate for enforcement of the law ensured the conviction in the case of money laundering, including Abhay Kumar Srivastava, former director of the chairman-Cum-class (CMD) National Aluminum Company Limited (Nalco) and others.
Among those who were in this case were Mr. Srivastava’s wife Chandni Srivastava, Bhushan Lai Bajai and his wife Anita Bajai. “The convict was expressed on Monday, July 21, 2025, a special judge (Corruption Act) … Under the provisions of the Money Winding Act …”, the agency said.
ED launched an investigation based on the first information report registered by the Central Office for Investigation Against Mr. Srivastava and others and claimed to accept unlawful satisfaction.
Accusations of washing money
“It was claimed that Bajai acted as an intermediary to accept bribes from GS Bhatia Bhatia in return for prolonged official kindness. Chandni Srivastava, using forged identification documents and forged signatures Anita Bajai, broadcast CBI Assets.
During the ED probe, it attached moving assets belonging to Mr. Srivastava worth over £ 2.23 and filed a complaint against him and the other 31 March 2015. During the trial, ED “successfully proved that unlawful satisfaction” caused that Srivastava accepted unlawful payments by Mr. Baja. “Non -lethal funds were layered and hidden by buying gold bars that were stored in a bank box,” he said.
“The Court acknowledged the sophisticated Modus operandi received to the defendant. The washing process included the use of the Benami bank in the name Anita Bajai, who was opened and operated by Chandni Srivastava, was involved that Burden was involved, and it was different, and it was different that The fact is, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s, it’s. That is in need is that it is in need.
Published – July 22, 2025 12:43 PM
