PANJIM: The Directorate of Enforcement (ED), Delhi zonal office conducted search operations under the provisions of Prevention of Money Laundering Act (PMLA), 2002 at nine locations across Goa, Delhi and Mumbai on Thursday, in the case of M/s Dlehman Rea-IT Trade Pvt
Ltd, a private limited company involved in the legal, auditing and tax consultancy activities under the directorship of Hariprasad Akaloo Paswan and Ramesh Yadav Kumar and controlled by Ajay Harinath Singh.
The ED initiated investigation on the basis of FIR registered by Delhi Police under section 420 of IPC, 1860 wherein it was alleged that M/s Dlehman Rea-IT Trade Pvt Ltd and others had fraudulently transferred Rs 18 crore from the bank account of the M/s Vestige Marketing Private.
Limited (VMPL) into the accounts of M/s Dlehman Rea-IT Trade Pvt Ltd in the year 2020.
During the search proceedings, it was found that by submitting a fraudulent investment agreement before the Sole Arbitrator and by a fake authorised representative Md Shamshuddin, M/s Dlehman Rea-IT Trade Pvt Ltd transferred Rs 18 crore from the bank account of M/s
VMPL.
On the same day of the fraudulent transactions, the amounts were layered into multiple bank accounts of the Darwin Group of Companies and the personal bank accounts of the family members and some close associates of Ajay Harinath Singh.
It was further revealed that the directors of M/s Dlehman Rea-IT Trade Pvt Ltd namely Hariprasad Akaloo Paswan and Ramesh Yadav Kumar were dummy directors and the entire transactional benefit was reaped by the Darwin Group of Companies owned by Ajay Harinath Singh.
During the course of search proceedings, cash of Rs 78 lakh approximately, foreign currency equivalent to Rs two lakh, various digital devices and incriminating documents were seized from the residence of Ajay Harinath Singh and his associates.
Further investigation is under progress, the ED stated.
