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ED Seeks Custody of Ashok Kharat in Money-Laundering Case

A Nashik court has sent him to police custody till May 4 in a separate Rs 5 crore cheating case.

Overview

  • A Nashik court, in a Friday hearing, remanded the self-styled godman to police custody until May 4 in a case that alleges he took over Rs 5 crore and a Mercedes from a Pune businessman.
  • The Enforcement Directorate has asked a special court for a production warrant so it can arrest Kharat under the money-laundering law and question him on the flow of illicit funds and who benefited.
  • The ED says more than Rs 70 crore moved through dozens of accounts opened with others’ documents at a cooperative credit society, a setup often called benami because the named holder is not the real owner of the money.
  • Investigators say the funds were routed into real estate under family names, and they recovered property papers in April searches while reviewing who actually controls the assets.
  • A Special Investigation Team is also probing multiple FIRs that include sexual exploitation claims, while ED inquiries now flag a developer tied to Kharat’s family ventures and report about Rs 60 lakh frozen in a linked account.