NEW DELHI: The Enforcement Directorate on Tuesday shared that it has attached properties worth Rs 9 crore belonging to Pravin Raut, a close aide of Shiv Sena leader Sanjay Raut and properties worth Rs 2 crore belonging to his wife in the Rs 1,034 crore Patrachawal Project case.
The ED, in a statement, said that it has attached immovable properties totaling Rs 11.15 crore under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) in a case relating to irregularities in redevelopment of the Patrachawal Project at Goregaon, Mumbai by Guru Ashish Construction Pvt Ltd.
The ED said that the attached assets are in the form of lands held by Pravin Raut, former director of Guru Ashish Construction Pvt Ltd at Palghar, Saphale, Padga; flat at Dadar belonging to Varsha Raut and plots at Kihim beach at Alibaug jointly held by Varsha Raut wife of Raut and Swapna Patkar wife of Sujit Patkar.
असत्यमेव जयते!!
— Sanjay Raut (@rautsanjay61) April 5, 2022
The ED had earlier arrested Pravin Raut in connection with the case.
ED has registered a case of money laundering on the basis of the FIR registered on March 13, 2018 against Guru Ashish Construction Pvt Ltd, Rakesh Kumar Wadhwan, Sarang Kumar Wadhwan and others on the basis of a complaint filed by Executive Engineer, MHADA, Mumbai.
The ED said that a money laundering probe revealed that Guru Ashish Construction Pvt Ltd was entrusted with the development of Patrachawal Project for rehabilitation of 672 tenants.
“During that period, Rakesh Kumar Wadhawan, Sarang Wadhwan and Pravin Raut were the Directors of Guru Ashish Construction Pvt Ltd. A tripartite agreement was signed between society MHADA and Guru Ashish Construction Pvt Ltd,” it said, adding that according to the agreement, the developer was to provide the flats to 672 tenants and develop flats for MHADA and thereafter the remaining area was to be sold by the developer.
“The directors of Guru Ashish Constructions misled MHADA and managed to sell the FSI to nine developers and collected approximately Rs 901.79 crore without constructing the rehab portion for 672 displaced tenants and MHADA portion,” the ED claimed.
It said that Guru Ashish Construction Pvt Ltd also launched one project namely Meadows and took the booking amount of around Rs 138 crore from flat buyers.
The total proceeds of the crime generated by the directors of Guru Ashish Constructions Pvt. Ltd through the illegal activities were Rs 1039.79 crore, it said.
The ED alleged that a part of the proceeds was further transferred to close associates. Money trail investigation conducted so far revealed that around Rs 100 crore were transferred from HDIL to the account of Pravin Raut. This amount was further diverted by Pravin Raut to various accounts of his close associates, family members, his business entities etc.
“It is also revealed that during 2010, part of the proceeds of crime amounting to Rs 83 lakh was received by Varsha Raut directly or indirectly from Madhuri Pravin Raut, wife of Pravin Raut,” the ED said.
“This amount was utilised by Varsha Raut for purchase of flat at Dadar,” the ED claimed, adding that it was also revealed that after initiation of ED investigation the amount of Rs 55 lakhs was transferred by Varsha Raut to Madhuri Raut.
Various other transactions were also recorded during the said period.
The ED said that eight plots of land at Kihim beach at Alibaug was also purchased in the name of Varsha Raut and Swapna Patkar, wife of Sujit Patkar, a close associate of Sanjay Raut.
In this land deal, apart from the registered value, cash payments were made to the sellers.
ED has earlier attached properties of Pravin Raut. Earlier, in another case of fraud at PMC bank, immovable assets amounting to Rs 72.65 crore of Pravin Raut were attached by ED on December 31, 2020.
Earlier, the ED had filed a charge sheet in a money laundering case against Pravin Raut. Sarang Wadhawan, and Rakesh Wadhawan of HDIL, real estate firm Guru Ashish Construction and others were named as accused in the charge sheet.