New Step by Step Map For saurabh chandrakar mahadev book
New Step by Step Map For saurabh chandrakar mahadev book
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The probe agency claimed that according to electronic evidence, the function administration corporation obtained Rs. 112 crore via hawala transactions, and Rs. forty two crore in profit UAE currency was accustomed to make lodge reservations.
Moreover, Mr. Chandrakar firmly believes which the point out of stars at the celebration was grossly exaggerated. He suggests that all individuals that attended the wedding have been engaged from the occasion management company, which facilitated their attendance.
The sources explained Chandrakar's location in Dubai continues to be intimated on the federal company and he continues to be place less than "residence detention".
19 Oct 2023, Delhi, India — In light-weight of latest media experiences surrounding the Mahadev app situation, Mr. Saurabh Chandrakar, an entrepreneur hailing from Bhilai, Chhattisgarh, finds it essential to address the evident misinformation and unfounded accusations which have surfaced. Being a focused businessman using an unblemished document, Mr. Chandrakar is stunned through the baseless promises pertaining to his alleged involvement in illicit pursuits.Contrary to sensationalized stories, Mr. Chandrakar vehemently asserts that the entire wedding ceremony, costing all over AED ten million, was fully funded by his internal accruals and personal savings. Meticulous properly-documented information substantiating the sources of his profits can be found. Circulating information suggesting a payment of INR 200 Crores in hard cash elevate incredulity, and even though Mr. Chandrakar thoughts the feasibility of this kind of an unlimited income transaction, he emphasizes the lack of practicality of this sort of statements. Mr. Chandrakar refutes claims with regards to the alleged extravagant expenditures described by selected sources. He exclusively indicates that each one fiscal facets of the event were being overseen by professional celebration managers, and no cash transactions have been involved at any phase of your preparing or execution; to insinuate otherwise is purely speculative and unfounded. Files and economical documents are available to substantiate these points, providing apparent proof that dispels any notions of impropriety. Moreover, Mr. Chandrakar firmly believes that the point out of celebs at the occasion was grossly exaggerated. He indicates that all those who attended the wedding were engaged from the occasion administration firm, which facilitated their attendance.
notes about INR 417 crore in income and Qualities ended up seized. Each Chandrakar and Uppal Management the operation wholly and, therefore, consider in 80 per cent with the gains.
The illicit funds earnings within the betting panels ended up deposited through the Ahuja brothers with key ticket vendors, as well as wallet stability was accustomed to book domestic and international tickets, according to the ED probe.
Any equivalent allegations are just rumours, wholly baseless, and practically nothing much more than ‘a figment of imagination.’ He strongly expresses astonishment at these types of allegations.
Application for that Mahadev application was designed from Hyderabad to begin with after which even further growth was carried out by international developers.
Mr. Chandrakar refutes statements with regard to the alleged extravagant expenses claimed by selected sources. He especially implies that every one monetary elements of the occasion sourabh chandrakar mahadev had been overseen by Qualified function supervisors, and no dollars transactions were being involved at any stage of your planning or execution; to insinuate otherwise is only speculative and unfounded.
The family responded by engaging in open up dialogue, developing trust via transparency, and showcasing the optimistic influence in their initiatives. With time, they had been able to get the support and cooperation of both the neighborhood communities and govt authorities.
HO would acquire 70 to 80 per cent of earnings; the panel operator took the rest. Accounts were being settled each and every 7 days, and cash was laundered as a result of entities situated in Hong Kong and Dubai just before a number of it was diverted back again to India in the form of fairness and house investments.
A gambling app, a wedding with non-public jets and celebrity appearances, and property worthy of crores — Sourabh Chandrakar’s extravagant Way of life has caught the eye of Indian legislation enforcement. As investigations go on, we’re taking a more in-depth consider the Dubai-based funds laundering kingpin.
Mr. Chandrakar is additionally eager to emphasise that every one artists have been employed by the corporate exclusively to attend and conduct in the function. There have been no immediate financial transactions among Mr. Chandrakar and these famous people, as all payments were processed in full transparency throughout the function management business, by using lawful banking channels. Mr. Chandrakar strongly asserts no association Using the Mahadev Application or its functions. Accusations depicting him given that the "Founder/Promoter/Director" of the Mahadev Application absence trustworthiness and they are unequivocally Phony. Furthermore, claims about his involvement in 60 illicit offshore platforms are baseless and solely unsubstantiated.Mr. Chandrakar vehemently denies any suspicious connections with folks or organisations that participate in illegal pursuits. Any similar allegations are basically rumours, wholly baseless, and nothing in excess of ‘a figment of creativeness’. He strongly expresses astonishment at this sort of allegations.It is usually crucial to explain there are no functions in Pakistan, Sri Lanka, or Nepal linked to Mr. Chandrakar. Such statements are solely Untrue and defamatory, missing any shred of truth of the matter. Mr. Chandrakar has never travelled to those countries, and any promises of his alleged participation in illicit pursuits in these locations deficiency any Basis and wholly slanderous. Mr. Chandrakar earnestly urges media stores to cease spreading unfounded rumours and sensationalized and exaggerated stories that not merely tarnish his name but will also erode community have confidence in in responsible journalism.
Verma allegedly performed A significant job in offering “political and law enforcement” protection on the betting syndicate in Chhattisgarh. “He is now the most crucial link in between the Dubai-dependent promoters [of Mahadev] as well as ‘powers that be’ in Chhattisgarh,” claimed the company in its cost-sheet.