VVIP choppers case: ED arrests businessman Gautam Khaitan
25 Sept 2014 5:26 AM IST
ED on Tuesday made the first arrest in the money laundering probe in AgustaWestland chopper deal, taking into custody Gautam Khaitan, an ex-board member of an accused company. The agency arrested Khaitan, a businessman and advocate, after searches were conducted at two of his premises in the national capital on Monday.
‘Khaitan has been arrested under the provisions of the Prevention of Money Laundering Act. He is required for detailed interrogation in the case,’ said ED sources. The agency seized jewellery worth Rs one crore and impounded some ‘important’ financial documents from his premises. This is the first big action by ED in this case after it registered a criminal FIR in the deal in July this year against Khaitan, former IAF chief SP Tyagi and 19 others. Khaitan was on board of Chandigarh-based Aeromatrix which is allegedly a front company for financial dealings of chopper deal.
‘Khaitan has been arrested under the provisions of the Prevention of Money Laundering Act. He is required for detailed interrogation in the case,’ said ED sources. The agency seized jewellery worth Rs one crore and impounded some ‘important’ financial documents from his premises. This is the first big action by ED in this case after it registered a criminal FIR in the deal in July this year against Khaitan, former IAF chief SP Tyagi and 19 others. Khaitan was on board of Chandigarh-based Aeromatrix which is allegedly a front company for financial dealings of chopper deal.
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