Former Lucknow MLA Vinay Shankar Tiwari has been arrested by ED. This arrest was made after the ongoing allegations of money laundering and financial crimes against him. In this article, we will discuss the reason behind Vinay Shankar Tiwari’s arrest, the case related to it and its impact.
ED arrested in case of fraud with banks
Vinay Shankar Tiwari, who has been a former MLA from Lucknow, has been arrested by ED on charges of money laundering and money laundering. The allegation against him is that he earned illegal money using his political and business connections and tried to convert it into legal form.
Under these allegations, his properties were investigated and many important documents were seized. According to the Enforcement Directorate, there are indications of many financial crimes against Tiwari. Which includes economic scams, corruption and black money whitening. ED arrested Tiwari while taking action against him under the Prevention of Money Laundering Act.
Vinay Shankar Tiwari arrested and sent to jail
ED had investigated Vinay Shankar Tiwari in cases of money laundering and other financial crimes. His name had come up in many financial scandals, in which fraudulent methods were adopted to legalize illegally earned money. Earlier also, investigations were conducted against him in cases of tax evasion, money laundering and illegal property. Many suspicious activities came to light in these transactions. Under which he had obtained personal benefits by taking advantage of government schemes and projects.
Apart from this, immovable properties were also mentioned in his name. Which is now being fully investigated. The arrest of Vinay Shankar Tiwari makes it clear that the Enforcement Directorate is committed to ending financial crimes at any cost. Now Tiwari will be produced in court. Where the charges against him will be heard. If the court finds him guilty, he may face strict punishment. Which may include dismissal from job, ban on bail, and confiscation of properties.
