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Published 23:41 IST, November 5th 2019

Enforcement Directorate questions Dheeraj Wadhawan of DHFL

After Kapil Wadhawan, his brother Dheeraj Wadhawan of Dewan Housing Finance Corporation (DHFL) joined the Enforcement Directorate (ED) probe on Tuesday.

Reported by: Shawan Sen
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After Kapil Wadhawan, his brother Dheeraj Wadhawan of Dewan Housing Finance Corporation (DHFL) joined the Enforcement Directorate (ED) probe in the Iqbal Mirchi case on Tuesday. On the day when the agency carried out searches at the DHFL office in Mumbai, Dheeraj Wadhawan got himself admitted to Kokilaben Hospital in Mumbai.

The agency had to defer their plans to question Dheeraj as he was undergoing treatment. Dheeraj has been at the helm of affairs In companies that have come under the scanner of the ED. After his questioning, Dheeraj Wadhawan released a statement that read, “As a law-abiding citizen, we are fully cooperating with the agency. We have provided with all the details asked for.”

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Read: Kapil Wadhawan Of DHFL Joins Enforcement Directorate's Probe

READ| Massive Impact: DHFL director Dheeraj Wadhawan quizzed by ED

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Republic TV's investigation

Republic TV’s investigation raised some uncomfortable questions about DHFL’s role. Investigation revealed that a company called Sunblink Real Estate Private Ltd, which was involved in developing properties in Mumbai for Dawood Ibrahim’s right-hand man Iqbal Mirchi, received loans from an NBFC to the tune of Rs.2,186 crores. This has also been acknowledged by the agency. Republic TV accessed certain company documents which indicated that the NBFC in question could be DHFL. The agency too suspects that this loan received by Sunblink could be the proceeds of crime which perhaps may have been used in terror activities.

Following Republic TV’s mega investigation, ED carried out searches at the DHFL office in Mumbai. On Monday, Kapil Wadhawan of DHFL also joined the probe and handed over certain documents to the agency. Both the Wadhawan brothers could be called in for questioning once again, say sources.

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READ| PMC Scam: Wadhawan duo, Waryam sent to police custody till Oct 16

Read: Impact: ED Attaches Properties Worth 197 Crore, Freezes Bank Accounts Worth Rs 12 Crores In IMA Ponzi Scam Following Republic Expose; Details Accessed

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23:01 IST, November 5th 2019