According to the CBI, it was alleged during the further investigation, the two accused through their New Delhi-based company had acquired a firm based at Kolkata in 2009 to launder illicit kickbacks/ill-gotten money and received it through banking channels in collusion with other accused who created shell companies. Later, they opened fake accounts in different banks for returning such kickbacks.
"It was further alleged that in pursuance of the conspiracy, the other accused through their respective companies had facilitated in transferring and routing the kickbacks/bribe paid by a company based in the UK. The other accused allegedly prepared fake invoices and sent mails for transferring the said kickbacks through said companies. The copies of documents and details were recovered," the probe agency said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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