The Enforcement Directorate (ED) has summoned Bollywood
actor Ranbir Kapoor to its Mumbai office on Friday as part of its investigation
into the money laundering case involving Mahadev Books. This development
follows the attendance of several Bollywood personalities at the wedding
ceremony of one of Mahadev Books' promoters, Sourabh Chandrakar, in the UAE.
It is alleged that many celebrities endorsed Mahadev Books'
mobile gaming application in exchange for substantial payments. The lavish
wedding ceremony of Chandrakar in Dubai, attended by numerous Bollywood
celebrities, came under scrutiny. The ED uncovered details of payments for
hotels and transportation during its searches conducted last month.
Reportedly, Mahadev Books spent approximately Rs 200 crore
on the Dubai wedding, including hiring private jets to transport family members
from Nagpur to the UAE. The investigation revealed that celebrities were hired
for performances at the wedding, with wedding planners, dancers, decorators,
and others hired from Mumbai. Hawala channels were used for cash payments.
Based on digital evidence, the ED traced Rs 112 crore
delivered via hawala to an events management company called R-1 Events Pvt Ltd,
owned by Yogesh Popat. Additionally, hotel bookings totaling Rs 42 crore were
paid in cash in AEDs. The ED claimed that searches conducted at the premises of
Popat and related organizers resulted in the seizure of unaccounted cash
amounting to Rs 2.37 crore.
The ED also asserted that numerous celebrities endorsed
betting entities and performed at their functions, receiving substantial fees
through dubious transactions ultimately funded by online betting proceeds.
Furthermore, the ED conducted searches at Rapid Travels,
owned by Dheeraj Ahuja and Vishal Ahuja in Bhopal. This company was responsible
for ticketing operations for Mahadev APP promoters, their family, business associates,
and celebrities endorsing betting websites. The ED alleged that illicit cash
earnings from betting panels were cleverly deposited by the Ahuja brothers with
the main ticket providers, and the wallet balance was used to book domestic and
international tickets.
The ED identified other major players involved in the money
laundering operations of the Mahadev Online Book App, including Vikash
Chhaparia based in Kolkata. Chhaparia, with the assistance of Govid Kedia,
invested heavily in the Indian stock market through Foreign Portfolio
Investment (FPI) routes. The ED has frozen cash derivatives and security
holdings worth Rs 236.3 crore in entities beneficially owned by Chhaparia under
the Prevention of Money Laundering Act, 2002 (PMLA). Additionally, assets worth
Rs 160 crore in DEMAT holdings of Kedia have been frozen by ED. Searches at
Kedia's premises also resulted in the seizure of Indian currency amounting to
Rs 18 lakh, gold, and jewelry valued at Rs 13 crore.
The ED is investigating Mahadev Online Book Betting App,
which is suspected to be an umbrella syndicate facilitating illegal betting
websites, user enrollment, creation of user IDs, and money laundering through
benami bank accounts.
In the coming days, the ED is expected to question many
celebrities who attended Chandrakar's ceremony in Dubai. The agency had
previously announced the seizure of Rs 417 crore following searches in Kolkata,
Bhopal, Mumbai, and other cities linked to the Mahadev App money laundering
networks.