one billion has become invested in the last four many years. beneath his leadership, the clear energy arm has emerged as the biggest solar developer in India. In 2002, Puri was awarded the “Entrepreneur in here the yr” award for his endowment toward the production business in India and has also pioneered commissioning large-scale photo voltaic

The complaint has claimed that certainly one of the businesses associated with the transactions, Continental Administrative providers, “figures in Panama leaks for location offshore structures for laundering proceeds of criminal offense.” When it had been not able to pay out the personal debt, a forensic audit was performed and the account was

The ED has despatched letters rogatory to foreign nations around the world to recognize cash allegedly laundered and parked there. The ED was also admonished for relying on the statements of Rajiv Saxena, who experienced turned approver from the AgustaWestland rip-off situation. The court docket claimed that “singing tunes of praise” for Saxen

“There was no product offered with the accused from which he would have calibrated that it was the identical funds he was handling like a romantic relationship supervisor, that has been siphoned off from Moser Baer by defrauding the Canara Bank and Some others banking entities,” reported the court, introducing that whilst the transactions took

Puri’s arrest is probably going to deliver numerous senior executives of various banking institutions beneath the ED’s scanner for failing to Recuperate Rs six,000 crore they'd loaned to Moser Baer. The ED reported it was in the entire process of receiving further proof and files from the CBI, banking institutions as well as resolution Experie