The Enforcement Directorate (ED) asserts that Himachal Pradesh Chief Minister Virbhadra Singh made a fake Memorandum of Understanding (MoU) with Life Insurance Corporation (LIC) operator Anand Chauhan to deal with his apple plantation and concealment Singh's "polluted" cash.
On Tuesday, the ED documented a chargesheet against LIC specialist Anand Chauhan in the lopsided resources body of evidence enlisted against Himachal Pradesh Chief Minister Virbhadra Singh.
"According to the said MOU, Chauhan, would contribute the returns got from offer of apples of Shrikhand plantation in government securities, shared assets, in plans of LIC or put the cash in the results of planned banks for guaranteeing sheltered and better returns and consequently he would get two for each penny commission on the net deal continues in the wake of deducting all different costs spent upon the administration of the plantation," ED said in its chargesheet.
The chargesheet was recorded at Patiala House Court here in the front of Special Central Bureau of Investigation (CBI) Judge Vinod Kumar, who settled September 7 for thought of the matter.
The ED said that the MOU amongst Chauhan and Singh, made to legitimize money stores, was observed to be manufactured. The ED recouped a stamp paper on which the MOU was inked which was initially issued in another person's name. This MOU was an understanding the other individual had made with UCO Bank, Kotkhai Branch, Shimla.
As indicated by deal deeds, Chauhan guaranteed apple produce from Singh's plantation was sold to Chunni Lal Chauhan of Universal Apples Associates (UAA), Parwanoo. Chauhan guaranteed that the money stores were from offer of the agrarian produce sold for Singh's benefit.
ED charged that the examination uncovered that before the check time frame from May 28, 2009 to June 26, 2012, in 2007 and 2008 colossal measures of money were saved into Chauhan's financial balances that should have been used to buy the LIC arrangements.
Amid examination, it was additionally uncovered that creation of Shrikhand plantation was significantly less than the case made.
The ED told the court that it may document a supplementary chargesheet with respect to the Singh and his significant other's part for this situation after further examination.
Chauhan was blamed for laundering then Union steel pastor Singh's "grimy" cash in an asserted lopsided resources case. In its very nearly 3,000-page chargesheet, the ED expressed that Chauhan contributed Singh's "polluted" cash worth Rs5.14 crore in LIC arrangements obtained in Virbhadra's name and those of his relatives, including spouse Pratibha Singh.
The ED, who captured Chauhan on July 8 from Chandigarh, charging him under areas 3 and 4 of the Prevention of Money Laundering Act (PMLA). Chauhan was ED's first capture in the progressing IRS evasion body of evidence against the current Himachal Pradesh (HP) Chief Minister.
The Income Tax office started procedures against Chauhan in 2011. Be that as it may, Singh attempted to legitimize his charged lopsided resources by guaranteeing them to be horticultural wage, the ED said. To conceal the unaccounted cash Singh made a fake MoU dated June 15, 2008 where it said that Chauhan would deal with his apple Shrikhand plantation arranged in Damrali town in the Rampur Bushar region of Shimla, HP.
The Central Bureau of Investigation (CBI) is likewise examining the case.
The CBI purportedly found that Virbhadra Singh had aggregated resources worth Rs6.03 crore in his name and for the sake of his relatives, which were unbalanced to his known wellsprings of salary, amid his residency as the Union steel priest from 2009 to 2011.