हिन्दी বাংলা मराठी ગુજરાતી ಕನ್ನಡ தமிழ் മലയാളം తెలుగు ਪੰਜਾਬੀ اردو অসমীয়া ଓଡ଼ିଆ

Mr. Chandrakar is additionally keen to emphasize that every one artists were being employed by the company completely to go to and accomplish at the function. There were no immediate monetary transactions among Mr. Chandrakar and these stars, as all payments were processed in full transparency from the celebration management firm, by using legal banking channels.

19 Oct 2023, Delhi, India — In mild of latest media stories surrounding the Mahadev application case, Mr. Saurabh Chandrakar, an entrepreneur hailing from Bhilai, Chhattisgarh, finds it imperative to address the obvious misinformation and unfounded accusations that have surfaced. Being a dedicated businessman by having an unblemished record, Mr. Chandrakar is bowled over from the baseless statements concerning his alleged involvement in illicit activities.Contrary to sensationalized reports, Mr. Chandrakar vehemently asserts that the complete marriage ceremony ceremony, costing around AED ten million, was entirely funded by his interior accruals and cost savings. Meticulous well-documented data substantiating the sources of his profits are available. Circulating information suggesting a payment of INR two hundred Crores in money increase incredulity, and though Mr. Chandrakar queries the feasibility of these a massive hard cash transaction, he emphasizes The shortage of practicality of these types of promises. Mr. Chandrakar refutes promises concerning the alleged extravagant charges noted by specified sources. He especially indicates that every one monetary areas of the occasion ended up overseen by professional party administrators, and no cash transactions have been included at any phase of the setting up or execution; to insinuate normally is solely speculative and unfounded. Documents and money records are available to substantiate these points, delivering very clear proof that dispels any notions of impropriety. Also, Mr. Chandrakar firmly thinks that the mention of stars for the function was grossly exaggerated. He implies that every one people that attended the wedding ceremony were being engaged with the occasion management enterprise, which facilitated their attendance.

The Enforcement Directorate may file a contemporary demand sheet Within this multi-crore cash laundering situation quickly.

Saurabh Chandrakar is one of the masterminds in the case associated with money laundering and operates from Dubai.

ED has carried out lookups against the money laundering networks connected with Mahadev APP in metropolitan areas like Kolkata, Bhopal, Mumbai and many others and retrieved massive amount of incriminating evidences and has frozen/seized proceeds of criminal offense truly worth Rs 417 Crore. pic.twitter.com/GXHWCmKOuY

The business promoters hail from Bhilai in Chhattisgarh as well as the Mahadev on line book betting software is definitely an umbrella syndicate arranging on the web platforms for enabling unlawful betting websites, it really is alleged.

Indian agencies are Doing the job, by means of diplomatic channels, to secure the deportation or extradition of the two that are important to the money laundering and law enforcement investigation to the alleged illegal activities in the 'Mahadev Book On line' app that also have political one-way links in Chhattisgarh and in other places, the resources mentioned.

According to the agency, it has found that numerous stars are already endorsing these betting entities and executing at their features in return for hefty expenses layered through dubious transactions but in the long run compensated in the proceeds of on line betting.

He is considered to acquire endorsed for the betting platform and to acquire even been paid for it, with the money reportedly coming within the collections throughout the fraud.

Even though these functions had been happening for some time, it was founder Chandrakar's Rs 200-crore lavish wedding in Ras Al-Khaimah, Dubai that brought the app into your crosshairs of your probe company. 

While in the FIR, completely accessed by CNN-News18, Saurabh Chandrakar and Ravi Uppal have been named amongst 32 Other folks. What's more, it states which the target In such cases bought motivated because it was endorsed by a famed Bollywood superstar who designed his debut and was well known while in the early 2000s. He continues to generally be a distinguished encounter in Bollywood now

A few of the actors attended or carried Mahadev Books out at Chandrakar’s marriage ceremony in February this yr and the business’s accomplishment occasion in September very last 12 months.

Both people strongly assert which they have been unfairly designed scapegoats In cases like this because of their escalating presence while in the UAE real estate property industry. The allegations against them have been distorted to portray them since the founders or promoters of illegal betting apps, a assert devoid of factual help.