ED closes probe in Sierra Leone, Chad money laundering case
New Delhi, Sept. 9 -- A decade after the Enforcement Directorate (ED) launched a money laundering probe into alleged irregularities in projects funded under the Government of India-supported Line of Credit (LoC) scheme in Sierra Leone and Chad, the agency has closed the case , finding no evidence to establish the allegations, according to officials who asked not to be named.
The probe involved a Noida-based project engineering, procurement and construction company , Angelique International Limited (AIL), its managing director Ajay Krishna Goyal, director M P Gupta, and unidentified officials of the ministry of external affairs (MEA), Sierra Leone and Chad. It was alleged that kickbacks were paid to secure the contracts. Around the same time...
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