Raut was arrested by ED in a money laundering case!
Sanjay Raut's judicial custody has been extended by 14 days in a money laundering case. On August 1, He was arrested by the ED after over six hours of questioning in the Rs 1,034-crore Patra Chawl land scam case.
The ED has stated that Sanjay Raut had helped the accused in committing the fraud and in exchange, Rs 1.06 crore was diverted to his wife Varsha Raut through different methods.
The agency had arrested Sanjay Raut in connection with alleged financial irregularities in the redevelopment of Patra Chawl in suburban Goregaon and related financial property transactions involving his wife and other alleged associates.
According to documents accessed by India Today, Raut's friend and prime accused Pravin Raut allegedly generated Rs 112 crore in the scam.
According to the ED, Pravin Raut, Rakesh Kumar Wadhawan and Sarang Wadhawan conspired together and hatched a conspiracy to siphon off money from the project without completing the project and jeopardising the future of 672 tenants whose dwellings had already been demolished.
Pravin was Director of Guruashish Construction Private Limited along with Rakesh and Sarang Wadhawan.
Being the frontman of Mr. Raut, Pravin utilised his proximity with Sanjay Raut to obtain approval from the Maharashtra Housing and Development Authority and other advantages best known to himself.
Earlier, the ED claimed that Sanjay Raut, if released on bail, may influence and tamper with the current evidence.
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