Summary:
Surat: A court in Ahmedabad has issued a bailable warrant against Ramesh Patel alias Michael, the notorious bootlegger from Daman, who was booked for money laundering last year.The warrant was issued after the Enforcement Directorate, which has filed a case under Prevention of Money Laundering Act, 2002 (PMLA) against him, filed a prosecution complaint against Michael on Monday. A huge inventory shortage of liquor worth Rs 7.10 crore was found at the business premises of Damania Enterprise. Investigations revealed that cash amounting to Rs 411 crore was deposited in 16 bank accounts of various firms, of which Rs 98 crore was deposited in the bank accounts of Sai Wines only from 2010-11 to 2016-17. The cash was either used to purchase properties or deposited in various bank accounts.Michael and Bhanu had acquired a liquor licence in the name of Sai Wines through illegal and forged partnership deeds and other documents. 2.5 crore was seized..