The Supreme Court of India, following a forensic audit of the real estate company’s accounts, has observed that ₹ 36 lakh paid to Manohar by Amrapali Group CM Anil Kumar Sharma’s account fall under the category of misuse of funds paid by home buyers.
Manohar’s name reportedly features in the list of third parties who received money from the corpus of ₹ 8.71 crores which Sharma had at its disposal. The top court has ordered the Enforcement Directorate to investigate the issue of money laundering in the real estate group.
The court has termed this wrongful diversion of funds as “misuse of funds” by Directors involved in the scam.
The court observed, “The directors and executives colluded with each other and diverted home buyers funds.” Manohar is also reported to have received payment from this contentious corpus.
Manohar, a practicing lawyer, had appeared for the builder in a case in the Patna High Court in 2015. The cricket administrator denies any other involvement with the real estate company.
Manohar’s name features twice in the judgment – first on forensic auditors’ list of receivers of diverted funds and second on a table containing details of particulars of payments made by Sharma.
The court has directed the ED to register a money laundering case against the company, its CEO and Managing Director Anil Sharma and directors Shiv Priya and Ajay Kumar for violation of Foreign Exchange Management Act (FEMA) and Foreign Direct Investment (FDI) norms.
The list of people to whose accounts Amrapali has unlawfully diverted homebuyers money also include Mahendra Singh Dhoni’s wife Sakshi, who was also a director in one of the Amrapali Group companies.