AgustaWestland

In a latest development in connection with the DHFL loan fraud case of Rs 34,615 crore, the Central Bureau of Investigation (CBI) on Saturday said it has seized a helicopter parked at a hangar

Business Standard brings you the top headlines on Wednesday

When Shashi Kant Sharma was appointed CAG in 2013, BJP had noted that he would be handling an audit into his own role in the AgustaWestland chopper deal - a classic case of conflict of interest

The action is being taken under the Prevention of Money Laundering Act (PMLA), the officials said.

Michel, who is in judicial custody since January 5 this year and has been denied relief in both matters by the trial court, moved the high court against the lower court's decision

Puri was arrested by ED on September 4 and his custody was ending today

The agency made the submissions while seeking extension of custodial interrogation of Sushen Mohan Gupta, who is under arrest in the case.

Saxena, director at two Dubai-based firms -- UHY Saxena and Matrix Holdings -- is one of the accused named in the charge sheet filed by ED in the Rs 3,600 crore AgustaWestland deal scam

The UAE security authorities picked up Saxena from his residence in Dubai on Wednesday morning and extradited him to India in the night along with corporate lobbyist Deepak Talwar

A co-accused and alleged middleman in this case, British national Christian James Michel was recently extradited from Dubai to India (in December last year)

Saxena was picked up by UAE security authorities from his residence and extradited to India for his pivotal role in laundering the money received to pay kickbacks in Rs 3,600 crore AgustaWestland case

They suspect some of the assets could also be in India and are held in a 'benami' manner where the actual owner could be linked to the British national

Michel was produced before Special Judge Arvind Kumar on expiry of his 14-day CBI custody

Christian Michel was in CBI custody for 15 days

The CBI and the ED had notified an Interpol red corner notice against him

Michel is currently behind bars in Dubai since he was arrested and sent into custody pending the legal and judicial procedure in the UAE.

AgustaWestland withdrew the plea as the Centre had encashed the bank guarantee after the high court revoked its stay preventing the government from invoking it

Tyagi's cousin Sanjeev and advocate Gautam Khaitan are also named in the Rs 450-cr bribery case

The summons were issued as all the accused failed to appear before the court

The court asked them to furnish a personal bond of Rs 2 lakh and a surety of like amount each