ED attaches Rs385-cr assets of Augusta middleman

Tribune News Service

Updated At : 11:36 AM May 30, 2020 IST

Unlock Exclusive Insights with The Tribune Premium

Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits

Yearly Premium ₹999 ₹349/Year

Yearly Premium $49 $24.99/Year

New Delhi: The Enforcement Directorate (ED) on Friday said it had issued provisional attachment order under the Prevention of Money Laundering Act to seize assets worth $50.9 million (Rs 385.44 crore) of middleman Rajiv Saxena in Agusta Westland chopper scam and Moser Baer Bank fraud case. The attached assets include a villa in Palm Jumeirah, Dubai, and balance in five Swiss bank accounts amounting to $45.55 million. Saxena was deported to India from the UAE on January 31, 2019, for his involvement in the Agusta Westland chopper scam case. — TNS

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Unlock Exclusive Insights with The Tribune Premium

Suggested Articles