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  • Law Money Lan

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    Shivaji hari
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    A lavish airline company acquired another struggling airline company and took on massive loans totaling Rs. 9000 Cr from several banks using shell companies in tax havens to disguise the money flow, but the acquired airline was making constant losses and was not eligible to fly international routes, leading to a huge debt that exceeded 50% of the company's net worth. The loans were siphoned through shell companies to the lavish airline company and laundered back to India through complex transactions, potentially for illegal purposes like money laundering. Authorities are now investigating the shell companies and money flows due to suspicions of financial irregularities and fraud.

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    A lavish airline company acquired another struggling airline company and took on massive loans totaling Rs. 9000 Cr from several banks using shell companies in tax havens to disguise the money flow, but the acquired airline was making constant losses and was not eligible to fly international routes, leading to a huge debt that exceeded 50% of the company's net worth. The loans were siphoned through shell companies to the lavish airline company and laundered back to India through complex transactions, potentially for illegal purposes like money laundering. Authorities are now investigating the shell companies and money flows due to suspicions of financial irregularities and fraud.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    3 views15 pages

    Law Money Lan

    Uploaded by

    Shivaji hari
    A lavish airline company acquired another struggling airline company and took on massive loans totaling Rs. 9000 Cr from several banks using shell companies in tax havens to disguise the money flow, but the acquired airline was making constant losses and was not eligible to fly international routes, leading to a huge debt that exceeded 50% of the company's net worth. The loans were siphoned through shell companies to the lavish airline company and laundered back to India through complex transactions, potentially for illegal purposes like money laundering. Authorities are now investigating the shell companies and money flows due to suspicions of financial irregularities and fraud.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 15

    Faculty

    Transportation
    company

    Lavish airline In the business


    company of hospitality
    Acquired
    Other airline
    company
    Faculty

    Lavish airline Making


    company constant losses

    Takes Loans
    To curb those
    losses

    SBI HDFC
    Borrowed RS 9000 CR Used for Airline
    PNB No
    company
    symbol
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    A ltd A ltd A ltd but they are sometimes used illegitimately, such as to disguise business
    ownership from law enforcement or the public.

    Shell Companies
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    These directors control under


    lavish airlines ..
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    Money transferred

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    X ltd Y ltd Z ltd Faculty

    Again money reaches back to


    Indian company in different forms

    Indian Company
    Acquires
    King Fisher airlines Decan Airlines

    But King Fisher not eligible to fly Faculty


    international trips since 5 years not pass by
    after start of incorporation or operations

    Mr maliya
    Losses Since Day 1 from
    operations

    Acquires
    King Fisher airlines Decan Airlines

    Debt of Company 50%


    Of Net worth
    SBI

    PNB Faculty
    Loans Taken
    INDIANBANK

    AXIS
    Mr Maliya
    Other
    Banks

    Shell Transfer
    Companies Total Debt 9000 CR
    money
    Invoice

    Shell A ltd Bermuda Flag


    behind A ltd
    Companies

    Shell Companies Switzerland Flag


    B ltd behind A ltd

    Faculty

    C ltd Cayman Islands


    Using this same import Show animation a person
    invoice getting loans from getting loan from different
    different banks banks with same invoice

    Amount Borrowed over 2000 CR

    SBI PNB AXIS


    Faculty

    Authorities
    Shell company
    Animation of authorities investigation

    Animation of no
    company exits
    No accompany exits

    Animation of
    apartments exits
    apartment
    Tra
    n
    sfe
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    Faculty

    Out of which
    235 Cr
    Acquired
    Other airline
    company
    Faculty

    Lavish airline Making


    company constant losses

    Takes Loans
    To curb those
    losses

    SBI HDFC
    Borrowed RS 9000 CR Used for Airline
    AXIS No
    company
    symbol
    SBI ICICI AXIS

    ds
    un
    Animation of

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    we
    borrowed funds

    rro
    from various banks

    Bo
    India Faculty
    Company

    Animation of funds transferred to foreign


    shell companies

    A ltd B ltd C ltd

    Bermuda Switzerland Cayman Islands


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    Legal activities illegal activities


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    Entire process know as tainted

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