The Enforcement Directorate (ED) on Tuesday arrested Lalit Goyal, vice chairman and managing director of real estate group IREO, in a money laundering case. Goyal has been arrested after four days of interrogation. Earlier on Monday, Goyal was interrogated for a long time in the money laundering case, after which he was called again today. Today he has been arrested after interrogation.
Lalit Goyal was detained at Delhi Airport last week when he was planning to go to America. In the year 2010, Goyal had transferred 77 million US dollars to different trusts, regarding which the ED was investigating the case. According to the report, this money belonged to the investors. IREO is a large real estate group in Delhi-NCR.
Goyal was stopped by immigration officials at Delhi’s Indira Gandhi International Airport on Thursday based on the ED’s lookout circular. Officials at the agency’s Chandigarh office said Goyal was about to board a flight to the US when he was caught. A senior agency official said Goyal has been arrested as he was not cooperating in the investigation.
According to news agency PTI, investigation is going on against Goyal in a case related to alleged misappropriation of about 77 million US dollars. The businessman’s name also came up in the Pandora Papers Leak case. However, Goyal and his lawyers have denied any wrongdoing.