HIGHLIGHTS:

  • MP Amarendra Dhari Singh has been arrested under the sections of the Prevention of Money Laundering Act (PMLA)
  • The scam involved the import of fertilizers and raw materials by the IFFCO and the IPL from various foreign suppliers at highly inflated rates
  • The case is being investigated by the ED based on the FIR filed by the CBI against IFFCO managing director

The Enforcement Directorate (ED) arrested RJD Rajya Sabha MP Amarendra Dhari Singh. The officials cited that Singh was in connection with the money-laundering investigation in the fertilizer import scam which involved the managing director of Indian Farmers Fertiliser Co-operative Limited (IFFCO) and others.

Addressing the media, the officials of ED mentioned that Amarendra Dhari Singh had been arrested under sections of the Prevention of Money Laundering Act (PMLA). The case pertains to an alleged fertilizer scam linked to the IFFCO and India Potash Limited (IPL), in which the CBI had registered a corruption case last month.

Sources revealed that the scam involved the import of fertilizers and raw materials running into thousands of metric tons by the IFFCO and the IPL from various foreign suppliers at highly inflated rates. The Central government gives subsidies on fertilizers for supply to farmers at reasonable rates. Officials claimed that the quoted rates included the commissions to be paid to Awasthi and Gahlaut.

Presently, the case is being investigated by the ED based on the First Information Report registered by the Central Bureau of Investigation against IFFCO managing director U.S. Awasthi, Pravinder Singh Gahlaut, then managing director of Indian Potash Ltd. (IPL), and others. Apart from them, Awasthi’s son Amol and Anupam, Gahlaut’s son Vivek, Pankaj Jain of Dubai-based Jyoti Group of Companies and Rare Earth Group, and his brother Sanjay Jain have also been named.

Investigations have unveiled that Rs. 675 crores of illegal commissions were received through the bank accounts of firms belonging to Saxena and some others. Meanwhile, Ra. 481 crores was routed via Dubai-based Rare Earth Group, the remaining went to the Awasthi brothers and Vivek.

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