Overview
- ED for the first time told the Appellate Tribunal for Forfeited Property in Delhi that Rohan Choksi was actively involved in laundering alongside his father while opposing his plea against a 2018 attachment.
- The tribunal on January 8 sent the Walkeshwar property issue back to the PMLA adjudicating authority after finding the earlier order failed to clearly address that specific flat.
- Rohan Choksi argues the flat was bought by a family trust in 1994 and transferred to him in 2013, predating the 2015–2017 predicate offences, and notes he is not named in any FIR or charge sheet.
- ED alleges Rohan controls near-total stakes in Rohan Mercantile (99.44%) and Lustre Industries (99.99%), calls them conduits for sham transactions, and says the 2013 transfer was a calculated move.
- Investigators say Rs 81.6 lakh flowed from Asian Diamond & Jewellery FZE to Singapore’s Merlin Luxury Group linked via Lustre, and report nine provisional attachments worth Rs 2,565.90 crore against an alleged fraud of Rs 6,138.73 crore.