The Enforcement Directorate (ED) on Monday arrested Shivani Saxena, director of two Dubai-based firms in connection with its probe in a Rs 3,600 crore money laundering case.Saxena, director of Ms UHY Saxena and Ms Matrix Holdings, was arrested under the provisions of the Prevention of Money Laundering Act (PMLA).
ED officials said theDubai-based company was used to route bribe money in the AgustaWestland VVIP chopper deal case. Shivani Saxena is the wife of Rajeev Shamsher Bahadur Saxena, a resident of Palm Jumeira in Dubai. She waslater produced in a court which sent her to four days of judicial custody. The ED had registered a PMLA case in this regard in 2014 and had named 21 people including former Indian Air Force (IAF) chief S P Tyagi in its money laundering FIR.
The ED probe has so far revealed that AgustaWestland International Ltd, UK, allegedly paid an amount of 58 million euros as kickbacks through Gordian Services Sarl, Tunisia, & IDS Sarl, Tunisia. These companies further siphoned off the money in the name of consultancy contracts to Interstellar Technologies Ltd, Mauritius, and others. The funds were further transferred to Dubai-based UHY Saxena, Matrix Holdings Ltd and others, of which Ms Saxena was a director. Both the companies received proceeds in their respective Dubai bank accounts from Interstellar Technologies Ltd after which Ms Saxena and her husband transferred huge amounts of money through their companies at Dubai to various other accounts, the agency said.
This is the second arrest made by the ED in the case. In 2014, the agency had arrested lawyer Gautam Khaitan for his alleged role in routing the kickbacks.
The money laundering probe is based on investigations being conducted by the Central Bureau of Investigation. The CBI had last year arrested former Air Chief S P Tyagi and two others.