D-Company property case: ED uncovers mail trail between Rinku Deshpande and Iqbal Mirchi

D-Company property case: ED uncovers mail trail between Rinku Deshpande and Iqbal Mirchi

Enforcement Directorate has uncovered emails between Rinku Deshpande and Dawood Ibrahim-aide Iqbal Mirchi in connection with irregularities in the sale of properties belonging to the late drug trafficker.

The probe agency, which is investigating if the proceeds of these properties were used for terror financing, has traced emails between the accused Rinku Deshpande through her husband to Iqbal Mirchi in 2010.

The emails allegedly contain coded information regarding the deals for three properties belonging to Mirchi and funds received from its sales to Sunblink Real Estate, a company associated with Dheeraj Realty belonging to Dheeraj Wadhawan.

Rinku Deshpande was arrested on October 22 for helping another accused Ranjit Singh Bindra in receiving Rs 30.40 crores through illegal channels.

Deshpande, said to be a property broker herself and a major facilitator for hawala, had come in touch with Mirchi through Bindra but had then established direct contact with the late fugitive drug trafficker.

The emails found by the ED officials were sent through an email ID linked to Deshpande’s husband Nilesh. The email were sent to a person named Ajay and then forwarded to Iqbal Mirchi’s son Asif Memon. Asif then forwarded these email to Mirchi.

All this happened while deal for the three Worli properties were being finalised between Mirchi and Sunblink Real Estate, which is suspected to be a front company for Dheeraj Realty.

Deshpande, who was also a Bandra resident at the tim, had facilitated hundreds of crores through various fictitious bank accounts to Humayun Merchant and then Mirchi for the sales of the said three properties.

The ED officials said that Deshpande played a very crucial role in laundering the proceeds of crime in the deal and had been directly in touch with Mirchi.

Another person who was earlier quizzed by the ED four times for allegedly facilitating the payments to Mirchi to UAE based companies was Ajay Vazirani.

Surprisingly, the email sent by Deshpande which eventually reached Mirchi was initially marked to an email ID in name of one Ajay.

Vazirani is partner in one of the top solicitor firms – Hariani & Co. He has allegedly revealed his role in the deals to the ED officials during questioning.
Vazirani was being questioned for helping the payments from Sunblink reach the UAE once Deshpande received the payments in some of the fictitious accounts in India.

The firm was said to have been paid between Rs 150 -200 crores for the job. The ED has sought details of the accounts in the UAE to which Vazirani helped transfer the payments. These accounts reportedly belonged to Mirchi.

Vazirani has been summoned again by ED officials for questioning.

Meanwhile, Deshpande was produced in the court on Friday, which sent her to judicial custody till November 4.

[“source=indiatoday”]