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VVIP choppers deal accused Rajiv Saxena arrested by ED in money laundering case | India News


NEW DELHI: The Directorate of Execution (ED) has stopped Rajiv saxena, who is also a defendant at Rs 3,600-crore VVIP helicopter deal case, upon money laundering linked to suspected bank fraud, officials said Monday.
They said Saxena will appear in court here to seek her custody.
Saxena, an alleged broker in the helicopter deals case, was based in Dubai and was deported by India from the UAE on January 31, 2019 and arrested by the agency in the case.
The deal was scrapped by India in 2014 after allegations of paying bribes surfaced.
The agency had previously said “Saxena is a hawala operator who runs the accommodation gateway business in Dubai through numerous companies, known as Matrix group companies, and has laundered the proceeds of crime in cases of AgustaWestland helicopter scam (linked to India’s purchase of VVIP helicopters) and the Moser Baer bank fraud case. ”
“Saxena created structures to launder the proceeds of crime generated by the defendants in both cases, either from the bribery in the AgustaWestland case or defrauding the banks by misusing the loans granted to Moser Baer India Ltd and its subsidiaries”, the ED had alleged.
His role was being investigated in several other cases, he had said.

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