The Latest Videos About Shravan GuptaThe Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) are attempting to tighten the noose round actual beneficiaries” of the 70 million euro bribe paid in AgustaWestland rip-off, officers aware of the event mentioned. According to Enforcement Directorate, which has already filed half a dozen charge sheets in the case, total 12% kickbacks - around Euro 70 million, was by the Anglo-Italian firm - AgustaWestland through two sets of middlemen - Christian Michel James & Guido Ralph Haschke - for further payments in India to influence the Rs 3,727 crore 12 helicopter VVIP chopper deal.
Shravan Gupta, Executive Director - Leisure Businesses, FCM Travel Solutions India (the Indian arm of Flight Centre Travel Group, Australia) said, Over the last few years, Surat has grown to become one of the fastest developing cities in the country with constantly rising travel demands of two to three trips in a year per household.
A Tis Hazari court on Friday summoned managing director of real estate major Emaar MGF Shravan Gupta as an accused after taking cognisance of the Income Tax department's complaint against him for allegedly not furnishing details of his foreign bank accounts.
The officials said that the fresh action against the businessman has come about after certain revelations made by the other accused in the case and some fresh evidence obtained by the agency. In its charge sheet in 2015, the ED claimed that it detected flow of alleged kickbacks sent from foreign countries to companies of the accused named in the case — Advocate Gautam Khaitan and cousin brothers of the former IAF chief S.P. Tyagi.
According to sources, Gupta also told the agency that he was friends with Khaitan and that's how he was introduced to Hachke, who was appointed to the board along with other independent directors. The Emaar-MGF issue was raised by BJP member Kirit Somaiya in the Lok Sabha today, as he demanded a probe into the chopper deal.
In 2018, the ED had seized assets worth Rs 102.8 million linked to Emaar MGF Managing Director Shravan Gupta under Foreign Exchange Management Act. The proceedings had gained momentum when the court on November 12 took cognisance of the prosecution initiated by the department against Dabur India director Pradip Burman, one of the seven businessmen named by the department before Supreme Court.
Emaar MGF Land, which has filed a demerger scheme in the Delhi High Court to give effect to the restructuring process, has elevated company's Chief Financial officer (CFO) Sanjay Malhotra as acting CEO. To this day, Mr. Shravan Gupta continues to shine in whatever he does and with that remains an inspiration for all the budding entrepreneurs out there who are just starting out.
Shravan Gupta 's MGF journey in the business world began as he joined his family business, MGF ltd. Much of the alleged bribe money in the AgustaWestland deal was reported to be routed through Mauritius via a subsidiary of IDS Tunisia. The ED in 2018, had seized Gupta's assets worth Rs 10.28 crore over charges of allegedly holding undisclosed deposits in a Swiss bank account.
Mr Shravan Gupta is an entrepreneur who is not only helping our nation become more modernised every day, but he is also the entrepreneur who understands his social responsibility and takes steps accordingly. Shravan Gupta realized that he had a penchant for business.
In partnership with Khushi, a committed NGO in India, Mr Shravan Gupta India and his company supports the education of underprivileged children and have so far been responsible for shaping the lives of hundreds of families through its initiatives. This decision by Mr. Shravan Gupta changed the whole game of the mall business.