WikipediaThe Directorate of Enforcement (ED) has launched a separate anti-money laundering investigation in a case registered by the Economic Offences Wing (EOW) of the Delhi Police against UK-based private equity firm Actis and 12 others in August last year.
People with direct knowledge of the matter said the ED had launched the probe under the Prevention of Money Laundering Act, 2002. They said the federal agency recently sought relevant information and documents from the complainant in the case.
The EOW filed a First Information Report last year on the directions of a lower court after complainant Subhash Chaudhuri moved the court saying the EOW had failed to act on his June 2018 complaint where he had alleged that Actis had conspired to gain control of the finances, ownership and management of the Super-Max Group.
Last year, the Delhi High Court stayed both the "investigation arising from the FIR" and the "operation" of the lower court order. ED has asked the complainant to furnish the complaint submitted to the EOW, along with supporting documents to corroborate his allegations, the sources said.
The federal agency has so far not issued summons to any entity/individual in the case.
People with direct knowledge of the matter said the ED had launched the probe under the Prevention of Money Laundering Act, 2002. They said the federal agency recently sought relevant information and documents from the complainant in the case.
The EOW filed a First Information Report last year on the directions of a lower court after complainant Subhash Chaudhuri moved the court saying the EOW had failed to act on his June 2018 complaint where he had alleged that Actis had conspired to gain control of the finances, ownership and management of the Super-Max Group.
Last year, the Delhi High Court stayed both the "investigation arising from the FIR" and the "operation" of the lower court order. ED has asked the complainant to furnish the complaint submitted to the EOW, along with supporting documents to corroborate his allegations, the sources said.
The federal agency has so far not issued summons to any entity/individual in the case.
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