Warning: session_start(): open(/opt/alt/php72/var/lib/php/session/sess_0c0a7ee923a9a4dba28155b3d4ed3e22, O_RDWR) failed: Disk quota exceeded (122) in /home/shweuqjw/awajludhianaki.org/wp-content/plugins/jnews-social-login/class.jnews-social-login.php on line 83

Warning: session_start(): Failed to read session data: files (path: /opt/alt/php72/var/lib/php/session) in /home/shweuqjw/awajludhianaki.org/wp-content/plugins/jnews-social-login/class.jnews-social-login.php on line 83
Oxygen concentrator hoarding: ED raids Khan Chacha owner Navneet Kalra's residence, others | India News - Awaj Ludhiana Ki
Thursday, May 15, 2025
  • Home
  • National
  • International
  • Movies
  • Technology
  • Business
  • Fitness
  • Lifestyle
  • Punjab
  • Contact us
No Result
View All Result
No Result
View All Result
Home National

Oxygen concentrator hoarding: ED raids Khan Chacha owner Navneet Kalra’s residence, others | India News

by author
May 21, 2021
in National
0
Oxygen concentrator hoarding: ED raids Khan Chacha owner Navneet Kalra’s residence, others | India News
0
SHARES
27
VIEWS
Share on FacebookShare on Twitter


New Delhi: The Enforcement Directorate on Friday (May 21) raided at least 10 premises linked to businessman Navneet Kalra and his associates in Delhi-NCR as part of a money-laundering probe linked to a recent case of alleged hoarding and black-marketing of oxygen concentrators, officials said.

The concentrators are in short supply as they are being anxiously scoured by those gasping for breath amid the second wave of the COVID-19 pandemic in the country. Official sources said the searches are being conducted on at least 10 places in the national capital region under provisions of the Prevention of Money Laundering Act (PMLA). The raids are aimed to gather additional evidence, they said.

The ED had recently booked Kalra and others under the anti-money laundering law, taking cognisance of a Delhi Police FIR filed on May 5 after policemen raided some restaurants and premises owned and linked to Kalra. The police had recovered more than 524 of these life-saving machines from these premises and it was alleged that they were being hoarded and sold in the black market. Kalra had denied any wrongdoing and claimed that the consignment was kept for regular sale. He was sent to 14 days judicial custody by a local court here on Thursday.

Police have said the concentrators seized from Kalra’s restaurants were imported from China and were being sold at an exorbitant price of Rs 50,000-Rs 70,000 each as against a cost of Rs 16,000-Rs 22,000 each. They further claimed that the people were being misinformed that the concentrators have been bought from Germany, however, in reality, they were imported from China with only 20 per cent efficiency. 

Along with Navneet Kalra, ED is also conducting raids at Kalra’s father-in-law Sirajuddin Qureshi. Sirajuddin, along with his wife and son, works as a meat export in the name of Hind Agro Industries. For this, he took a bank loan facility of Rs 200 crore from PNB, which was later increased to Rs 357 crore. The bank had given this facility to him for the export purpose, however, the police claimed that Sirajuddin Qureshi used these funds for the local market and also shifted a lot of money to his other company, which was not involved in any business.

On August 24, 2020, on the complaint of PNB Bank, the CBI registered a case and conducted raids in Delhi and Aligarh. Later, it registered a case of money laundering against him. 

The agency, officials had earlier told PTI, will probe if the oxygen concentrators were illegally hoarded and sold to the family members or caregivers of coronavirus-infected patients at exorbitant prices, thereby leading to generation of “proceeds of crime” as defined under the PMLA.

The ED is empowered to question and record the statements of the accused and it can even attach their properties during the course of investigation, following which it files a charge sheet before a special PMLA court seeking their prosecution under the anti-money laundering law.

Kalra was nabbed by Delhi Police Crime Branch sleuths from Gurgaon on Sunday night and was formally arrested the next day. He was on the run for over a week since the seizure of more than 500 oxygen concentrators from his restaurants like Khan Chacha, Town Hall, and Nega and Ju.

An oxygen concentrator is a vital medical equipment used to provide oxygen to COVID-19 patients and they are in high demand amid the second wave of the pandemic being witnessed by the country at present.

The police have pressed charges under Section 420 (cheating), 188 (disobedience to order promulgated by public servant), 120-B (criminal conspiracy) and 34 (common intention) of the Indian Penal Code, Essential Commodities Act and the Epidemic Diseases Act against Kalra and others.

Four employees of Matrix Cellular company, including its CEO and vice president, were also arrested in this case by the police.
They were, however, granted bail by the court.

Kalra is alleged to have purchased the concentrators from Matrix Cellular, which had imported them.

Live TV





Source link

Related posts

‘It Was Very Important For Us To Rally Around Flag’: Shashi Tharoor Clarifies His Stance On Op Sindoor | India News

‘It Was Very Important For Us To Rally Around Flag’: Shashi Tharoor Clarifies His Stance On Op Sindoor | India News

May 15, 2025
‘Police Tried To Stop Me’: Rahul Terms Nitish Govt ‘Dhokebaaz Sarkaar’ During Bihar Visit | India News

‘Police Tried To Stop Me’: Rahul Terms Nitish Govt ‘Dhokebaaz Sarkaar’ During Bihar Visit | India News

May 15, 2025
Tags: indian newsnational news
Previous Post

Non-metros to be the next growth drivers for commercial real estate

Next Post

How to identify Black Fungus, Zee explains the symptoms of mucormycosis! | India News

Related Posts

‘It Was Very Important For Us To Rally Around Flag’: Shashi Tharoor Clarifies His Stance On Op Sindoor | India News
National

‘It Was Very Important For Us To Rally Around Flag’: Shashi Tharoor Clarifies His Stance On Op Sindoor | India News

May 15, 2025
‘Police Tried To Stop Me’: Rahul Terms Nitish Govt ‘Dhokebaaz Sarkaar’ During Bihar Visit | India News
National

‘Police Tried To Stop Me’: Rahul Terms Nitish Govt ‘Dhokebaaz Sarkaar’ During Bihar Visit | India News

May 15, 2025
Balochistan: The Forgotten Nation That Never Said Yes | India News
National

Balochistan: The Forgotten Nation That Never Said Yes | India News

May 14, 2025
Akashteer Triumphs: India’s AI-Powered Air Defence Thwarts Pakistan’s Drone And Missile Strikes | India News
National

Akashteer Triumphs: India’s AI-Powered Air Defence Thwarts Pakistan’s Drone And Missile Strikes | India News

May 14, 2025
Forget S-400! India May Soon Go For Russian S-500 To Boost Its Air Defence | India News
National

Forget S-400! India May Soon Go For Russian S-500 To Boost Its Air Defence | India News

May 14, 2025
Beyond S-400: India’s Legacy Air Defence Systems That Took Down Pakistani Drones And Missiles | India News
National

Beyond S-400: India’s Legacy Air Defence Systems That Took Down Pakistani Drones And Missiles | India News

May 14, 2025
Next Post
How to identify Black Fungus, Zee explains the symptoms of mucormycosis! | India News

How to identify Black Fungus, Zee explains the symptoms of mucormycosis! | India News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Novak Djokovic releases SHOCKING statement on social media, check out | Tennis News

Novak Djokovic releases SHOCKING statement on social media, check out | Tennis News

3 years ago
Bustling bars, surging business: Dubai sees a post-vax boom

Bustling bars, surging business: Dubai sees a post-vax boom

3 years ago
Why Nex IVF & Fertility Centre Is A Top Choice For Fertility Treatments In Northern India | India News

Why Nex IVF & Fertility Centre Is A Top Choice For Fertility Treatments In Northern India | India News

7 months ago
Lakhimpur Kheri incident shows that BJP govt is using politics to mow down farmers: Priyanka Gandhi Vadra | India News

Lakhimpur Kheri incident shows that BJP govt is using politics to mow down farmers: Priyanka Gandhi Vadra | India News

4 years ago

BROWSE BY CATEGORIES

  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fitness
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel

BROWSE BY TOPICS

Architecture culture Fitness indian architecture indian culture indian culture and heritage indian news lifestyle national news Technology technology news Travel travelling

About Us

Awaj Ludhiana Ki

Address

2667/3, Kishore Nagar, Tajpur & Jail Road, Ludhiana – 141008

Recent News

  • ‘It Was Very Important For Us To Rally Around Flag’: Shashi Tharoor Clarifies His Stance On Op Sindoor | India News
  • ‘Police Tried To Stop Me’: Rahul Terms Nitish Govt ‘Dhokebaaz Sarkaar’ During Bihar Visit | India News
  • Kriti Sanon stars in Pedigree’s wet food campaign for dogs : Bollywood News
  • India Questions Safety Of Pakistani Nukes As IAEA Rejects Radiation Leak Claims | India News
  • AICWA, FWICE boycott Turkey over anti-India stance amid conflict with Pakistan after Pahalgam terror attack : Bollywood News

Category

  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fitness
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel

Search

No Result
View All Result

Email

contact@awajludhianaki.org

  • About
  • Advertise
  • Careers

Copyright © 2019 Awaj Ludhiana Ki or it's affiliates | Website by Awaj Ludhiana Ki Team

No Result
View All Result
  • Home
  • Contact us
  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fashion
  • Fitness
  • Food
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel
  • Punjab

Copyright © 2019 Awaj Ludhiana Ki or it's affiliates | Website by Awaj Ludhiana Ki Team

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In