A CBI probe into the country’s biggest banking fraud scam allegedly committed by DHFL is looking into the links of certain suspects with the underworld, especially Pakistan-based gangster Chota Shakeel, officials said on Saturday.
The central probe agency has found material showing that public funds were diverted to people allegedly linked to Shakeel, they said.
The officials said this aspect is a matter of further probe, which will be taken forward in due course of time.
In connection with its probe into the DHFL scam, the Central Bureau of Investigation (CBI) carried out searches on Friday at three locations in Mumbai and Pune, from where it recovered a painting and sculptures worth over Rs 40 crore, they said.
During the searches at the premises of Ajay Ramesh Nawandar in Mumbai, the CBI seized a huge collection of uber-luxury watches worth crores of rupees, including Rolex Oyster Perpetual, Cartier, Omega and Hublot Michael Kors, the officials said.
The agency also carried out searches at the flats of Rebecca Dewan at Khar West in Mumbai. The flats worth Rs 8 crore are believed to have been purchased by Kapil Wadhawan of Dewan Housing Finance Limited (DHFL).
The agency is likely to expand its probe against Nawandar and his business associates to follow the money trail of the funds diverted by DHFL’s Kapil and Dheeraj…
