Shivani Saxena, an "active" director of Dubai-based M/s UHY Saxena and M/s Matrix Holdings, told special judge Arvind Kumar that the investigation against her was complete as the Enforcement Directorate (ED) has already filed a charge sheet.
Senior advocate Mohit Mathur, appearing for Saxena, told the court that the allegations against her were not serious because in the CBI case, based on which the current money laundering matter was filed, she was not an accused.
The ED had on September 13 filed a charge sheet against her and others.
Shivani Saxena and her husband Rajiv are residents of Palm Jumeirah in Dubai, an archipelago which is home to the most expensive properties in the United Arab Emirates (UAE), the charge sheet said.
Also Read
"These companies further siphoned off the said money in the name of consultancy contracts to M/s Interstellar Technologies Limited, Mauritius and others which were further transferred to M/s UHY Saxena and M/s Matrix Holdings Ltd, Dubai and others," the charge sheet had alleged.
The ED had also arrested in this case Delhi-based businessman Gautam Khaitan who is currently out on bail. It had registered a PMLA case in 2014 and named 21 people in its money laundering FIR.
Disclaimer: No Business Standard Journalist was involved in creation of this content