Search
+
Read. Lead. Succeed. ET Prime - For Members Only
  • Sharp Insight-rich, Indepth stories across 20+ sectors
  • Access the exclusive Economic Times stories, Editorial and Expert opinion

Under the lens

How Ireo’s Lalit Goyal allegedly siphoned off INR1,800 crore to his offshore entities

How Ireo’s Lalit Goyal allegedly siphoned off INR1,800 crore to his offshore entities
How Ireo’s Lalit Goyal allegedly siphoned off INR1,800 crore to his offshore entities
Getty Images
Lalit Goyal, vice chairman and managing director, IREO Management Pvt. Ltd.

Synopsis

Startling revelations in the supplementary chargesheet filed by ED unravel the money trail in the sensational Ireo-M3M real estate scam in which Lalit Goyal allegedly laundered out homebuyers' hard-earned money worth INR1,800 crore to his offshore entities.

The Enforcement Directorate's (ED) ongoing probe into the Ireo-M3M real estate scam has yielded startling revelations. The supplementary chargesheet filed by the ED unravels how homebuyers' funds were allegedly laundered out by Lalit Goyal, the ex-managing director of Ireo. This is a sensational case in which both the parties — the whistleblower and the accused — are behind bars, as of now. As per the chargesheet, Goyal has allegedly funnelled a
  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT
ET

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads
  • Comment & Engage with ET Prime community
  • Exclusive invites to Virtual Events with Industry Leaders
  • A trusted team of Journalists & Analysts who can best filter signal from noise
  • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

The Economic Times