Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
CO-PRESENTED BY
LIVE TV DownloadNews18 App
News18 English
272
nda:
Needmore seats to Win
Needmore seats to Win
upa:
»
2-min read

Arms Dealer Sanjay Bhandari Spotted in London, CBI Moves Interpol

Alleged arms middleman Sanjay Bhandari, supposed to be on the run, was discovered in London by CNN-News18, triggering renewed efforts by the Indian government to bring him to book.

Ashish Mehrishi | CNN-News18

Updated:February 20, 2017, 8:50 PM IST
facebookTwittergoogleskypewhatsapp
Arms Dealer Sanjay Bhandari Spotted in London, CBI Moves Interpol
The ED had booked Sanjay Bhandari, reported to have left India for a foreign location sometime ago, under criminal charges of the PMLA law in February this year as also under the FEMA.
Loading...
London/New Delhi: Alleged arms middleman Sanjay Bhandari, supposed to be on the run, was discovered in London by CNN-News18, triggering renewed efforts by the Indian government to bring him to book.

CNN-News18's Sanjay Suri, who spotted Bhandari outside the Grosvenor Hill Court, 15, Bourdon Street, Mayfair area of London on Friday, was manhandled by the arms dealer's aides and nephew when he tried to ask questions.

Bhandari's escape to London is seen as a major lapse as he is wanted by the Delhi Police for possessing "classified" documents related to the Defence Ministry and by the investigation wing of the Income Tax Department for holding unexplained wealth in India and abroad. Investigating agencies believe he sneaked into Nepal before flying out to London.

Sources in the agencies said Bhandari has hired lawyers in London to help him with political asylum in the United Kingdom. A clutch of chartered accountants and lawyers are working to safeguard his assets from being attached under the newly enacted black money law.

The Central Bureau of Investigation has now forwarded a Delhi Police request to Interpol to obtain a global arrest warrant or a Red Corner Notice (RCN) against him. Bhandari, at present, is being investigated by three premier probe agencies of the country, including the Enforcement Directorate (ED) and the Delhi Police's crime branch.

He has been booked by the Income Tax department under the new and stringent Anti-black Money Act and the government is mulling attaching his foreign and domestic assets as part of a tax evasion probe against him.

Under the new anti-black money law, cases of overseas illegal assets, which till recently were probed under the Income Tax Act, 1961, attract a steep 120 per cent tax and penalty on undisclosed foreign assets and income, besides carrying a jail term of up to 10 years.

The case came to light after the I-T department conducted searches in April last year in Delhi and recovered "sensitive" official defence documents from his premises.

Bhandari is accused of being a middleman in many arms deals, including the Pilatus deal. According to I-T sources, Bhandari owns three houses in London and at least three more in Dubai. Five bank accounts in Dubai, with transactions of more than Rs 200 crore, have been allegedly traced to him.

(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: Ashutosh Tripathi
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
 

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results