A recent leak from the Pandora Papers has brought to light offshore financial arrangements linked to the owners of Radico Khaitan, one of India’s leading liquor manufacturers. The documents reveal that since September 4, 2012, the Timberlane Trust has held 50,000 ordinary shares (valued at USD
Scams & Allegations
The Pandora Papers have unveiled that the owners of Radico Khaitan, a well-known Indian manufacturer of Indian Made Foreign Liquor (IMFL), have assets held in offshore trusts. According to the Register of Directors of Beecool Global Holdings Limited, since September 4, 2012, the Timberlane Trust has been holding 50,000 ordinary shares of USD 1 each […]
ED Uncovers Links Between Sudhakar Shetty and Congress Leaders in Iqbal Mirchi Money Laundering Case
In a significant development, the Enforcement Directorate (ED) has uncovered crucial documents linking Sahana Group chairman Sudhakar Shetty to several political leaders, including members of the Congress, in connection with the Iqbal Mirchi money laundering case. The revelations came during a raid on Shetty’s residence and office, where ED officials found evidence of
A sessions court has denied anticipatory bail to Mehul Shah, co-owner of Kochi Tuskers and director of Anchor Group of Companies, along with Sanjay Shah and Atul Shah, in connection with a Rs 26 crore cheating case. Public prosecutor Kalpana Chavan confirmed the court’s decision, stating that the case was filed in September last year […]
