A special CBI Court on Monday allowed Rajiv Saxena, a Dubai-based businessman, a co-accused in the high profile AgustaWestland case to turn an approver.
Saxena’s application to become the prosecution witness in the case, making a full disclosure of the facts to his knowledge and revealing the name of the guilty in exchange of a pardon was supported by the Enforcement Directorate (ED). Special judge Arvind Kumar allowed Saxena to turn approver. ED has also described Saxena as “key money launderer”.
In his revelation, Saxena has disclosed his “close ties” with Gautam Khaitan stretching over 12 years, a co-accused in the money laundering. The ED has alleged that Saxena maliciously with Gautam Khaitan provided a global corporate structure for laundering illegal process of the crime and transaction of payments in buying 12 VVIP helicopters from AgustaWestland to various politicians, bureaucrats, and Indian Air Force officials.
ED has accused Khaitan of holding beneficial interests/ownership in foreign assets unknown to the income tax authorities since 2009-10. On the analysis of his Foreign bank accounts, it was revealed that Rs 850 crores are received from suspected accounts. He has been accused of keeping two wealth accounts in Barclays Bank, Singapore. Gautam Khaitan has also been accused of committing several laundering crimes under the guise of providing legal consultancy and there are pending cases of corruption against him.
Saxena is also believed to have disclosed his “links” with the middleman Christian Michel in the scandal of a multi-million dollar corruption case.
ED filed a charge sheet against Gautam Khaitan for dishonestly concealing his income from laundering funds through illegal companies acquired and set up in India and abroad. ED has also accused Khaitan of committing offenses under the Black Money and imposition of Tax Act, 2015.