Parthasarthy, the kingpin, genius and principal architect for the Rs 1 lakh crore IL&FS swindle, has-been detained from the EOW in connection with theft No. 13 of 2021, out dated Sep 20, 2020, the EOW of Chennai Police force claimed in a statement.
"The accused, Ravi Parthasarathy, might be original Chairman and handling manager of this entire IL&FS party," explained the EOW. The economical Offences Wing (EOW) of Chennai law enforcement mentioned on Friday that it features arrested Ravi Parthasarathy, the former Chairman of IL&FS team, into the Rs 1 lakh crore fraud, which activated a liquidity problems in the financial business markets in 2018.
Parthasarthy, the kingpin, mastermind and chief architect belonging to the Rs 1 lakh crore IL&FS scheme, might apprehended by EOW in connection with Crime No. 13 of 2020, outdated September 20, 2020, the EOW of Chennai Police force explained in a statement.
"The accused, Ravi Parthasarathy, is the past president and controlling manager of whole IL&FS class. The IL&FS people, which is made of over 350 cluster providers, was applied as a vehicle to perpetrate deception at the same time handling of IL&FS Crowd which was driving by subsequently Chairman and MD-CEO Ravi Parthasarathy," believed the EOW.
The EOW claimed the FIR happens to be recorded relating to the condition offered by 63 moons solutions Ltd, which forgotten a sum of Rs 200 crore. Grievances from other sorts of depositors are also gotten through EOW.