Nitin gupta, Indian composer

.36 crore of Delhi-based Trident Infosol Pvt Ltd in connection with a money laundering probe for cheating the Bihar Police in the name of supplying Passive Night Vision Sights for SLR/rifles.The ED in a statement said that it attached properties, including a fixed deposit of Rs 2.08 crore and balances in two bank accounts worth Rs 28.25 lakh under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA).The ED has registered a case of money laundering on the basis of the FIR and chargesheets filed by the National Investigation Agency (NIA) against directors of Delhi-based Alligators Design Pvt Ltd. The ED said that the NIA case and chargesheet revealed that Alligators Design Pvt Ltd had illegally imported 105 numbers of Passive Night Vision Sights for SLR/Rifles on the basis of forged and fake documents and had supplied the same to Bihar Police for an amount of Rs 2.36 crore."Investigation revealed that Nitin Gupta and other directors of Alligators Design Pvt Ltd indulged in money laundering and generated proceeds of crime amounting to Rs 2.36 crore directly as a result of criminal activities of forging of documents and illegal import and supply of goods on the basis of forged documents," the ED said.The ED said that later Alligators Design Pvt Ltd was merged with its parent company Trident Infosol Pvt Ltd. "During investigation, the directors of the company and their associates also admitted to their acts of forgery and falsification of documents. These aspects of forgery have also been confirmed by forensic reports," it added.( With inputs from IANS )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Nitin GuptaFOLLOW

Nitin gupta, Latest News

Aurangabad :Veteran industrialist R L Gupta passes away, ‘The man of steel’ was known for turning around sick units

Aurangabad, May 18 Veteran industrialist and founder chairman of R L Group of Industries Raghunandanlal Gupta died after a ... ...

Business :Mobisafar partners with YES BANK and NPCI to launch Mobisafar Virtual RuPay Prepaid Card

Mobisafar Services Private Limited, a Ludhiana based Fintech start-up, has launched 'Mobisafar Virtual RuPay Prepaid card' in partnership with YES BANK and National Payments Corporation of India (NPCI). ...

National :300-yr-old Banyan tree in Chandni Chowk awaits saviours

New Delhi, Feb 23 A banyan tree in the Capital's Chandni Chowk area that could be 300 years ... ...

National :ED attaches Delhi firm's assets worth Rs 2.3 cr for cheating Bihar Police

.36 crore of Delhi-based Trident Infosol Pvt Ltd in connection with a money laundering probe for cheating the Bihar ... ...