DHFL Probe: CBI seizes Augusta Westland Helicopter from Pune

New Delhi, July 31 (Representative) The Central Bureau of Investigation (CBI) on Saturday seized an Augusta Westland Helicopter parked in a hanger at the premises of a builder, Avinash Bhosale, in Pune in connection with its probe related to Rs 34000 crore alleged DHFL scam, according to probe agency.During the investigation, it came to light that RKW Developers Pvt Ltd (a company owned by Wadhawan family) allegedly has stakes in Varva Aviation (an Association of Persons) which owns an AW109SP Grand New Helicopter (Agusta Westland Helicopter) which was allegedly purchased in 2011, CBI statement stated.

RKW Developers Pvt. Ltd. joined the Association of Persons in 2017 contributing towards cost price and maintenance of said helicopter. ABIL Infraprojects Ltd, a company owned by Avinash Bhosale, allegedly has a stake in the said Helicopter, it stated.As it was allegedly apprehended that the funds used for making payment towards the stake in Association of Persons, were sourced from loan funds sanctioned by different banks. Therefore, CBI on Saturday seized the helicopter which was found parked in a hanger at the premises of Bhosale at Baner Road in Pune, it stated. Further investigation is underway, said CBI.