“Investigation revealed that Goel received cash, immovable properties, luxury goods, hotel booking etc routed through a web of shell companies, dummy persons and through family members to conceal the criminal origin of the money,” the ED said.Goel or his lawyer could not be contacted for a response on the allegations made by the ED against him.The agency said several properties acquired through shell or dummy companies have been identified.These shell entities are “beneficially owned or controlled” by Goel and his family members, it claimed.”The source of funds of these entities is linked to CSPL. Evidence gathered so far also shows use of accommodation entries and structured layering through front companies for systematic settlement of kickbacks,” the ED said.Sanjay Sureka, the main promoter of CSPL, was arrested by the ED in December, 2024 and a chargesheet was filed before the Kolkata court in February this year.The agency had attached assets worth Rs 510 crore of Sureka and CSPL as part of two orders issued under the PMLA.
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