1 month ago
ED Arrests Businessman Over Fake Raipur Smart City Contract
The Enforcement Directorate, a federal agency that fights money crimes, arrested a businessman named Krishna Kumar Shrivastava in Raipur on July 30, 2024.
Shrivastava is accused of using his political friends to create a fake contract for a new smart city in Raipur.
He allegedly tricked a company called Rawat Associates into paying 15 crore rupees for a contract that never existed.
The money was moved through fake companies and sent overseas to places like Dubai and Singapore.
Shrivastava was taken into custody and the court ordered him to stay in ED custody for nine days until August 7, 2024.
The case shows how some people try to cheat companies by pretending to have government support.
Enforcement Directorate arrested businessman Krishna Kumar Shrivastava in Raipur on July 30, 2024.
Shrivastava allegedly used political connections to forge a non‑existent Raipur Smart City contract and defraud Rawat Associates of ₹15 crore.
The case involves forged documents, shell companies, and overseas money transfers to Dubai, Hong Kong, China, and Singapore.
The ED cited that Shrivastava suppressed material facts during questioning and was a close associate of a former Chhattisgarh chief minister.
The court granted a nine‑day remand until August 7, 2024, after the ED requested custody.
- Who
- Krishna Kumar Shrivastava and the Enforcement Directorate
- What
- Arrest in a money‑laundering case over a forged Raipur Smart City contract
- Where
- Raipur, Chhattisgarh, India
- When
- Arrested on July 30, 2024; remand until August 7, 2024
- Why
- Alleged fraud, suppression of facts, and use of political connections
Key facts
- Arrested Person
- Krishna Kumar Shrivastava
- Agency
- Enforcement Directorate
- Case Type
- Money Laundering
- Amount Alleged
- ₹15 crore
- Remand Period
- 9 days until Aug 7, 2024
Quotes
Enforcement Directorate officials
Officials from India's Enforcement Directorate
“"induced" the complainant by invoking alleged proximity to politically influential people”
theprint.in
“"suppressed material facts" during the questioning session”
theprint.in
Sources
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