Directorate for enforcement of law was arrested by the leader of the party Samajwadi and the son of the late Mafia-Political Hari Shankar Tiwari, Vinay Shankar Tiwari, from Lucknow on Monday on Monday £750 Crore Bank Fraud Case.
At the beginning of the day, ED carried out air raids on real estate associated with the leader of SP Vinay Shankar Tiwari and Gangotri Enterprises, according to the provisions of the Act on the Prevention of Money washing (PMLA).
According to ED sources, the search was carried out in 10 locations (in Uttar Pradesh, Delhi and Mumbai) Gangotri Enterprises, a company associated with Tiwari.
Between these places, the raids were carried out in five locations in Lucknow, two in Noida and Gorakhpur and one each in Delhi and Mumbai, Hindustan reported.
Even after being slapped with several announcements of the Financial Probe, Shankar did not appear before ED. Then on Monday morning more than a dozen teams of the Directorate for Pravo.
Cases against Vinay Shankar Tiwari?
According to the gangotri Enterprises Ltd gangotri, for which Tiwari is a propagor, he took a loan (limit CC) £1 129,44 crore from the consortium of banks. From that, probably £750 crore was not returned.
The main promoters of the company are Vinay Shankar Tiwari, Rita Tiwari and Ajet Pandey, PTI informed before.
The Directorate for Enforcement of Law claimed that credit facilities were not paid and grossly diverted, abused and siphoned by Gangotri Enterprises Ltd. and its promoters/directors/guarantors in violation of banking standards ” £754.24 Crore to the Consortium of Bank. ”
Who is Vinay Shankar Tiwari?
Vinay Shankar Tiwari is the leader of the SP from Uttar Pradesh and the son of the former Minister and the Strong of Gorakhpur, late Hari Shankar Tiwari.
Tiwari represented his father’s constituency, Chillupar in Gorakhpur after he was elected on the BSP ticket. Later he joined Samajwadi Party (SP) and lost public opinion surveys 2022, reported Times of India.
Toi reported on the quotation of the sources that ED had prepared an indictment against him, which is likely to be filed in court soon.
(Tagstotranslate) Samajwadi Party
