December 23, 2023

The has filed two supplementary chargesheets in connection with alleged illegal remittance of Rs 6,000 crore from a branch in Delhi to Hong Kong, camouflaged as payment for imports, sources said.

In the chargesheets filed before a special court, the central agency has alleged that a group of people opened accounts and deposited funds in them through various other accounts.

The has named nine accused in the supplementary chargesheets: Tanuj Gulati, Ish Kumar, Ujjwal Suri, Hunney Goel, Sahil Wadhwa, Rakesh Kumar, Sagar Gulati, Bhanu Gulati and VPC Management Consultants Pvt. Ltd.

The agency had in 2015 booked several officials of the bank and others for allegedly making remittances of over Rs 6,000 crore to South East Asian countries by 59 current account holders from the Ashok Vihar branch of in the garb of purported payments of “non-existent” imports, the sources said.

The CBI sources said the agency has found that the Ashok Vihar branch of the bank was a relatively new one and got the permission to entertain forex transactions only in 2013.

They said that Rs 6,000 crore was transferred through nearly 8,000 transactions done between July, 2014 and July, 2015.

The amount remitted in each transaction was kept at less than USD 1 lakh.

All the remittances were made to Hong Kong. The amount was remitted as advance for import and in most of…

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