<span style="color: #222222;">The Enforcement Directorate, ED, has provisionally attached a hotel Holiday Inn, valued at 120 crore, located in the national capital, in connection with a money laundering case against alleged aviation lobbyist Deepak Talwar. </span><br />'' <br />'' <span style="color: #222222;">He was deported from Dubai in January this year and arrested by the agency. Talwar is presently in judicial custody. </span><br />'' <br />'' <span style="color: #222222;">The ED had initiated investigation against Talwar&nbsp; in 2017 on the basis of an FIR registered by CBI against officials of Ministry of Civil Aviation, Air India and unknown private persons.</span><br />'' <br />'' <span style="color: #222222;">The ED, in a statement, said it was found that&nbsp; Talwar illegally engaged in liaisoning and lobbying with politicians, ministers, other public servants for airlines such as Emirates, Air Arabia and Qatar Airways for securing undue benefits for them. </span><br />'' <br />'' <span style="color: #222222;">He illegally managed to secure favourable traffic rights for these airlines during 2008-09 at the cost of National carrier, Air India. </span><br />'' <br />'' <span style="color: #222222;">It has been revealed that the accused created a web of entities owned by him and his family members in India and international offshore havens to launder proceeds of crime of&nbsp; 272 crore rupees received from foreign airlines.</span><br />'' &nbsp;
News On AIR | March 30, 2019 7:45 PM
ED attaches delhi based hotel Holiday Inn in Deepak Talwar money laundering case