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Virbhadra case: Court to hear arguments on charge against LIC agent
New Delhi, March 8 (IANS) A Delhi court on Wednesday fixed April 11 to hear arguments on charges against Life Insurance Corporation (LIC) agent Anand Chauhan in a disproportionate assets case involving Himachal Pradesh Chief Minister Virbhadra Singh.
Special Judge Virender Kumar Goyal said he will begin hearing in the case on April 11 after completing scrutiny of documents.
The Enforcement Directorate (ED) had filed a chargesheet against Chauhan and accused him of investing Virbhadra Singh’s "tainted" money of Rs 5.14 crore in LIC policies purchased in Virbhadra’s name and those of his family members, including wife Pratibha Singh.
The ED booked him under the Prevention of Money Laundering Act.
A probe had allegedly found that Virbhadra Singh had accumulated assets worth Rs 6.03 crore in his name and in the name of his family members, which were disproportionate to his known sources of income, during his tenure as the Union Steel Minister from 2009 to 2011.