Millennium Post

ED to probe funding of lawyers by Rose Valley

The Enforcement Directorate, probing the Rose Valley ponzi scam, will probe the funding route of lawyers who were appearing on behalf of the company in the courts.

“We are going to start probing how the lawyers appearing on behalf of Rose Valley Group are being paid since most of the accounts have been sealed,” a source in the directorate told a news agency.
He said that the directorate would probe whether the lawyers were being paid through the “normal methods or through clandestine channels because the money is collected from crime proceeds which the department is tracking”.

Alleging that the Rose Valley Group was resorting to “court shopping” to delay the investigations, he said that they were moving courts after losing cases endlessly.

“Once they lose in one court, they will move to some other court just to hamper the investigations. Even they are moving lower and higher courts in places where the probe is not covered under its 
jurisdiction,” he said.

“Even if they get a month’s time during the interim period, it is a high possibility that money is being siphoned off by the group”, he alleged. 
Next Story
Share it