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Money laundering case: ED files charge sheet against ex-Bhushan Power and Steel Ltd CMD

The Enforcement Directorate on Friday filed a charge sheet against former Bhushan Power and Steel Ltd (BPSL) CMD Sanjay Singal and others in a money laundering case connected to an alleged bank loan fraud.

The ED filed the charge sheet before Special CBI Judge Arun Bhardwaj.

The agency informed the court that it has attached three properties belonging to Singhal obtained through alleged illegal proceeds and is in the process of attaching some others.

Singal was arrested on November 22 last year under the Prevention of Money Laundering Act (PMLA) after he was questioned in connection with the case. He is at present under judicial custody till January 21, 2020.

A copy of the charge sheet will be supplied to the accused.

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