ireo: Ireo scam: Documents allege Goyal routed INR675 crore, his lawyers blame ex-CEO Sanka for misinformation

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Lalit Goyal, vice-chairman and managing director, Ireo Management

Synopsis

Four entities controlled by Lalit Goyal, former vice-chairman and managing director of Ireo group, and his close associates, allegedly benefited by hundreds of crores from an Ireo group entity. Many internal arrangements between these entities and Ireo were allegedly not properly disclosed to the regulatory authorities.

Fresh scrutiny of Ireo group’s documents has revealed that Lalit Goyal, the former vice-chairman and managing director of the Ireo group who is currently under Enforcement Directorate’s (ED) custody, allegedly diverted as much as INR675 crore to firms controlled by him and his associates .In an earlier story, we wrote how Goyal along with a Gurugram-based developer allegedly siphoned off INR400 crore by creating a sham land-development

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Mar 14, 2022, 12:01 AM ISTGIFT ARTICLEFONT SIZE

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