ED arrests IREO’s managing director in money laundering case, Real Estate News, ET RealEstate

July 5, 2023

NEW DELHI: The Enforcement Directorate (ED) on Tuesday arrested real estate firm IREO‘s owner and Managing Director Lalit Goyal in a money laundering case linked to alleged bribery of a now-suspended special judge based in Panchkula, official sources said.

The businessman was taken into custody by the federal probe agency under the criminal sections of the Prevention of Money Laundering Act (PMLA) from Gurugram, they said.

The ED is likely to produce him before a special court on Wednesday seeking his remand.

The money laundering case stems from an FIR filed by the Haryana Police’s Anti-Corruption Bureau in April against former special CBI-ED judge Sudhir Parmar, who was posted in Panchkula, his nephew Ajay Parmar, and Roop Kumar Bansal, the promoter of another realty group M3M, and others.

This is the fourth arrest made by the agency in this case in less than a month.

The ED has arrested Ajay Parmar, the nephew of Sudhir Parmar, and two directors and ‘key managerial persons’ of the M3M group– Basant Bansal and Pankaj Bansal.

According to the ACB FIR, the ED said, reliable information was received that Parmar was showing “favouritism” to the accused, namely Roop Kumar Bansal, his brother Basant Bansal and IREO’s Lalit Goyal iin the criminal cases of the ED and other cases of the CBI pending against them in his court.

Goyal was arrested by the ED in 2021 in an another money laundering investigation.

  • Published On Jul 5, 2023 at 08:36 AM IST

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