Top
Begin typing your search above and press return to search.
keyboard_arrow_down
Login
exit_to_app
Going beyond birthday celebration
access_time 18 Sep 2020 6:05 AM GMT
Periyar@142-Revolutionary and Visionary
access_time 17 Sep 2020 11:57 AM GMT
The word of caution from the highest court
access_time 17 Sep 2020 6:31 AM GMT
access_time 16 Sep 2020 5:58 AM GMT
access_time 15 Sep 2020 6:19 AM GMT
DEEP READAll arrow_drop_down
The ogres in the mind
access_time 8 Sep 2020 11:27 AM GMT
Why worry about populism?
access_time 4 Sep 2020 9:51 AM GMT
Media mind-set towards minorities
access_time 15 July 2020 4:29 PM GMT
exit_to_app
Homechevron_rightIndiachevron_rightAgustaWestland case:...

AgustaWestland case: ED attaches property of Michel's ex-wife

text_fields
bookmark_border
AgustaWestland case: ED attaches property of Michels ex-wife
cancel

New Delhi: The Enforcement Directorate (ED) on Monday provisionally attached an immovable property worth Rs 5.83 crore belonging to British national Christian James Michel's former wife in France.

The ED said in a statement that the agency has provisionally attached the immovable property in the name of M/s SCI Solaime situated at 45 Avenue Victor Hugo, Paris, belonging to Christian Michel's ex-wife Valerie Michel, who got the proceeds of the crime from the accused.

The probe agency said that investigations revealed that Michel, the alleged middleman in the Rs 3,600 crore AgustaWestland VVIP chopper deal, received kickbacks to the tune of 42 million euro.

It said that the funds were transferred from Dubai-based companies to various entities.

The ED said that Michel had transferred the amount received as kickbacks to various entities, including 922,185.76 euro (equivalent to Rs 5.83 crore) to his Valerie Michel and SCI Solaime for investment in the purchase of the immovable property in Paris.

Michel was extradited to India on December 4, 2018 from the United Arab Emirates. He was arrested on December 22 and is currently lodged at Delhi's Tihar jail.

Show Full Article
TAGS:
Next Story