Enforcement Directorate files complaint against Himachal firm directors for forgery

Tribune News Service

New Delhi, June 18

The Enforcement Directorate (ED) today registered a prosecution complaint against Himachal Pradesh-based Arvind Casting, Arvind Trade Links and their directors Arvinder Singh Gorwara, Daljit Kaur Gorwara, Amrinder Singh Gorwara, Sahil Gorwara and Parminder Singh under the provisions of the Prevention of Money Laundering Act (PMLA) in a forgery case.

The ED, in a statement, said it had earlier attached movable and immovable properties of the accused worth around Rs 3.56 crore.

The case is based on the FIR registered by the HP Police against the companies and others for fraud and cheating of Rs 8.6 crore.

The probe agency investigations revealed that the above mentioned companies and their directors intentionally prepared forged documents such as balance sheets, invoices and lorry receipts and submitted these fake documents to Aditya Birla Finance Limited and availed loan illegally.

The ED probe further revealed that most of the loan of Rs 7.95 crore was siphoned off by transferring it to various fake firms and companies and by cash withdrawals.

“Parminder Singh in connivance with Amrinder Singh Gorwara created many fake and forged firms in his name and the loan money was transferred to the accounts of his fake and forged firms without doing any actual business and that firms exist only on papers,” the has alleged in its statement.

The ED said it had issued provisional attachment order in the case to seize assets worth around Rs 3.56 crore, which was later confirmed by the adjudicating authority under the PMLA last year.