2G PMLA: Raja, Kani involved in Rs 200-crore transaction’ ED
25 Sept 2014 4:59 AM IST
Enforcement Directorate (ED) on Tuesday told a special court trying 2G scam case, that the accused chargesheeted by it in a money laundering case, including ex-Telecom minister A Raja and DMK MP Kanimozhi, were involved in the Rs 200crore money transaction which was not ‘bonafide’ and ‘genuine’.
Advancing arguments on framing of charges, special public prosecutor Anand Grover told the court that the series of transactions relating to transfer of Rs 200 crore from DB group company to DMK-run Kalaignar TV through Kusegaon Fruits and Vegetables Pvt Ltd and Cineyug Films Pvt Ltd were not a ‘genuine business transaction’.
‘We (ED) are saying that these were not genuine and bonafide transactions. The other two entities (Kusegaon Fruits and Vegetables Pvt Ltd and Cineyug Films Pvt Ltd) have no role at all except transferring the money. There was no proper documentation regarding these transactions which involved huge amount of money,’ he told Special CBI Judge O P Saini.
Grover also told the court that the complaint filed by ED and documents annexed along with the charge sheet prima facie show that it was not a genuine business transaction.
He argued that in this case, individuals had used their companies for commission of the crime and the firms as well as the persons were liable to be made accused in the case.
Advancing arguments on framing of charges, special public prosecutor Anand Grover told the court that the series of transactions relating to transfer of Rs 200 crore from DB group company to DMK-run Kalaignar TV through Kusegaon Fruits and Vegetables Pvt Ltd and Cineyug Films Pvt Ltd were not a ‘genuine business transaction’.
‘We (ED) are saying that these were not genuine and bonafide transactions. The other two entities (Kusegaon Fruits and Vegetables Pvt Ltd and Cineyug Films Pvt Ltd) have no role at all except transferring the money. There was no proper documentation regarding these transactions which involved huge amount of money,’ he told Special CBI Judge O P Saini.
Grover also told the court that the complaint filed by ED and documents annexed along with the charge sheet prima facie show that it was not a genuine business transaction.
He argued that in this case, individuals had used their companies for commission of the crime and the firms as well as the persons were liable to be made accused in the case.
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