Iqbal Mirchi Case: All you need to know about Rinku Deshpande

money laundering case in relation to Iqbal Mirchi is getting bigger day by day as new characters emerge and point towards direction of movement of money. One person, who according to Enforcement Directorate has played a crucial role in land deals, was Rinku Deshpande. Deshpande has been sent into remand custody for two days. Let us understand what  alleged role of Rinku Deshpande in case is. 

Rinku’s name appeared while questioning Bindra 

Rinku Deshpande's name came out during questioning of ar accused in Iqbal Mirchi case called Ranjeet Singh Bindra. Ranjeet Singh Bindra has been accused of doing deals with Iqbal Mirchi and allegedly h received money against property deals on behalf of a company called Sunblink Real Estate Private Limited. During his questioning, Mr. Bindra told Enforcement Directorate that in order to receive broker money, he h planted Rinku Deshpande as a fake representative of tenants. 

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ED’s remand copy 

Enforcement Directorate in its remand copy stated that “in order to siphon off money Rinku Deshpande was introduced as fake confirming party and received an amount of Rs. 30 crores in her accounts. amount was allegedly distributed among brokers including Rinku Deshpande”. ncy claimed that Ranjeet Bindra, during his statement, h “submitted that cheques issued by M/s Sunblink Real Estate Pvt. Limited in favour of Tenants were handed over by him to Rinku Deshpande on instructions of Humayun Merchant.” 

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Rinku on loans given to Bindra 

Furr, ncy claimed that Rinku Deshpande h “ackwledged, being a fake confirming party, in deal between Sunblink Real Estate Pvt. Limited” from land deal. Rinku Deshpande, when quizzed regarding transaction of Rs. 38 crores with Ranjeet Singh Bindra, h said that “she h given a loan of Rs. 38 crores in cash to Ranjeet Singh Bindra and expecting a return of loan from Bindra” hence received that amount of money. 

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However, when ncy asked her about source of money that she h lent to Ranjeet Singh Bindra “she could t explain source of said Rs. 38 crores”. Also, Ranjeet Singh Bindra h “denied said huge quantum of loan in cash” stated Enforcement Directorate. ncy claimed that Rinku Deshpande h sent her husband Nilesh Deshpande to enquire about “MoUs between Sunblink and Joy Home Creation Pvt. Limited” because she wanted to acquire “some of tenancy rights”. However, according to ncy, “Mr. Jayant Soni denied any acquaintance with ly, refore it appears to be a deeper conspiracy which Smt Rinku is t revealing.” 

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