Emaar MGF's Shravan GuptaThe Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) are attempting to tighten the noose round actual beneficiaries” of the 70 million euro bribe paid in AgustaWestland rip-off, officers aware of the event mentioned. New Delhi, Jun 24 (PTI) The Enforcement Directorate (ED) on Wednesday carried out multiple searches on premises of Shravan Gupta, the former managing director of realty major Emmar MGF, and some others in connection with the AgustaWestland VVIP chopper money laundering case, officials said.
Shravan Gupta, Executive Director - Leisure Businesses, FCM Travel Solutions India (the Indian arm of Flight Centre Travel Group, Australia) said, Over the last few years, Surat has grown to become one of the fastest developing cities in the country with constantly rising travel demands of two to three trips in a year per household.
Realty firm Emaar MGF's Executive Vice Chairman & Managing Director Shravan Gupta has resigned from the post after the two joint venture partners - Dubai-based Emaar Properties and India's MGF Development - decided to part ways and restructure the company's business.
Shravan Gupta India's MGF journey in the business world began as he joined his family business, MGF ltd. The officials searched for evidence of money laundering in the Rs 3,727 crore scam. It can be safely said that Mr Shravan Gupta has played a vital role in making malls accessible to the common man of this country.
Shravan Gupta, a promoter of the real estate firm MGF Developments, is known for bringing some of the largest foreign direct investments (FDI) in India through the joint venture with Dubai-based Emaar. The new board members appointed by the company are nominees of Emaar, the spokesperson said.
Other than the mall, Shravan Gupta MGF Group has been at the forefront of the real estate development in India. This led him to decide to diversify the company into the real estate sector as well. Reach out directly with real-time validated email and phone numbers, and take it to the next step by creating personal and reusable email templates that integrate with your existing email provider.
The ED in 2018, had seized Gupta's assets worth Rs 10.28 crore over charges of allegedly holding undisclosed deposits in a Swiss bank account. ED questioned the managing director of realty firm Emaar MGF in connection with its probe into the VVIP chopper deal.
Haschke is needed by businesses and is alleged to be dwelling in Italy. The searches are aimed at collecting evidence in connection with the Rs 3,600-crore VVIP choppers deal case, officials said. THE ENFORCEMENT Directorate (ED) on Wednesday questioned the managing director of realty firm Emaar MGF in connection with its probe into the VVIP chopper deal.
A special CBI court here today directed Emaar MGF Land Managing Director Shravan Gupta to appear before the central probe agency from tomorrow till September 6. The officials said that the fresh action against the businessman has come about after certain revelations made by the other accused in the case and some fresh evidence obtained by the agency.