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Oxygen concentrators hoarding case: ED raids premises linked to Navneet Kalra, others

Tribune News ServiceNew Delhi, May 21 The Enforcement Directorate (ED) on Friday said its personnel have conducted raids at seven places in Delhi-NCR, including businessman Navneet Kalra’s residence, in connection with the hoarding and black-marketing of oxygen concentrators racket busted...
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Tribune News Service
New Delhi, May 21

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The Enforcement Directorate (ED) on Friday said its personnel have conducted raids at seven places in Delhi-NCR, including businessman Navneet Kalra’s residence, in connection with the hoarding and black-marketing of oxygen concentrators racket busted by Delhi Police earlier this month.

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Noting that the raids were being conducted with an aim to gather additional evidence, officials in the agency said, the ED on Thursday booked Kalra and others under the Prevention of Money-laundering Act (PMLA), while taking cognisance of a Delhi Police FIR filed on May 5 after policemen raided restaurants and premises owned and linked to Kalra.

Kalra, the owner of restaurants like Khan Chacha, Nege and Ju, Town Hall, was produced in Saket court on Thursday at the end of his three-day police custody and was remanded to a 14-day judicial remand.

The police have claimed that they were in possession of evidence that shows concentrators, which were bought for Rs 4,000-Rs 15,000, were being sold at an inflated price of R 75,000 and more.

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Five other accused, including the manager of Nege & Ju restaurant, chief executive officer (CEO), and three senior officers of Matrix Cellular, were also arrested but all five were later released on bail.

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